Question
7. If Ezra collects 80% of its credit sales in the month of the sale and 20% in the month after the sale, how much
7. If Ezra collects 80% of its credit sales in the month of the sale and 20% in the month after the sale, how much will Ezra collect in March on a $220,000 credit sale in January?
A) $176,000
B) $44,000
C) $88,000
D) none of the above
My answer: none of the above, $0 would be left to collect
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Costing
Authors: Lucey
7th Edition
1844809439, 978-1844809431
