#4

Question 4 4 pts The Toby Flenderson Company es vacation plans to Costa Rica and has obtained the following store data Buty August September October Cashes 5 80,000 $ 70.000 550.000 560.000 Credit ales $240.000 $ 220,000 $ 180,000 $ 200.000 The regular pattern of collection of credit sales is 20% in the month of sale. 70% in the month following the month of sale and the remainder in the second month following the month of sale. There are not debts The budgeted cash receipts for October would 5248.000 $180.000 $226.000 $278,000