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Avril Company makes collections on sales according to the following schedule: 30% in the month of sale 64% in the month following sale 6% in
Avril Company makes collections on sales according to the following schedule: 30% in the month of sale 64% in the month following sale 6% in the second month following sale The following sales have been are expected Expected ales Expected Sales January February March $130,000 $140,000 $130,000 Budgeted cash collections in March should be budgeted to be: O $136,400 O $130,780 O $128,60o o $130,000
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