9) Natcher Corporation collects 60% of a month's sales in the month of sale, 30% in the month following sale, and 5% in the second month following sale. The company has found that 5% of their sales are uncollectible. Budgeted sales for the upcoming four months are: August budgeted sales September budgeted sales Dctober budgeted sales November budgeted sales S310,000 S300,000 $330,000 $230,000 The amount of cash that will be collected in November is budgeted to be A) $252,000 B) $218,500 C) $138,000 D) $290.500 10) Kennedy Enterprises has budgeted sales for the months of September and October at $170,000and $140,000, respectively. Monthly sales are 60% credit and 40% cash. Of the credit sales, 30% are collected in the month of sale and 70% are collected in the following month. What are the October cash collections from customers? A) $152,600 B) $81,200 C) $145,400 D) $96,600 11) Wriston Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be $15,000. Budgeted cash disbursements are $72,500, while budgeted cash receipts are $89,600. Wriston Company wants to have an ending cash balance of $30.000. The excess (deficiency) of cash available over disbursements for the month would be A) $32,100 B) $177.100 C) $(32,100) D) $102,500