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5. Given the following information on sales volume in units: Jan. 4,000 Feb. 4,400 Mar. 4,200 Assuming a sales price of $25.00 per unit, calculate
5.
Given the following information on sales volume in units:
- Jan. 4,000
- Feb. 4,400
- Mar. 4,200
Assuming a sales price of $25.00 per unit, calculate the total budgeted March cash inflows from customers assuming 70% of all sales are on account of which collections on account are estimated at 30% in the month of sale and 70% in the month following.
$ 75,950 | |
$ 53,550 | |
$140,450 | |
$107,450 | |
None of the above |
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