A. $600,000 B. $572,000 C. $392,000 D. $432,000

Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year: Sales (30% cash) Jan $500,000 Feb $600,000 March $900,000 The company collects 60% of credit sales in the same month and the balance in the next month. Calculate the collections from the customers for the month of February. O O o A. B. c. D. $600,000 $572,000 $392,000 $432,000 Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year: Sales (30% cash) Jan $500,000 Feb $600,000 March $900,000 The company collects 60% of credit sales in the same month and the balance in the next month. Calculate the collections from the customers for the month of February. O O o A. B. c. D. $600,000 $572,000 $392,000 $432,000