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Astor Manufacturing has the following budgeted sales: January $80,000, February $120,000, and March $100,000. 40% of the sales are for cash and 60% are on
Astor Manufacturing has the following budgeted sales: January $80,000, February $120,000, and March $100,000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts during March are: A) $112,000. B) $106,000. C) $105,000. D) $100,000. Answer is C how do i get it
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