Beowser. Import lavorites: Submit Answer Practice Another Version 2. -/5 points &My Notes +Ask Your Teacher Question 2. (cash receipts from sales) Budgeted sales revenue for the coming five months is as follows: Month August September 5110,000 October November $195,000 December $105,000 You estimate that you will collect 40 % of sales revenue in the month of sale, 30% in the following month, 25 %- Sales revenue $165,000 $195,000 two months after the sale, and the remaining 5% three months after the sale. Required: Compute budgeted cash inflows for November and December. November December $ (Hint: pay attention to the timing, e.g. "30% is collected in the following month" means 30 % of August revenue is collected in September, L.e., cash receipts (inflows) for September include 30 % of previous month's sales revenue.) 1233 P 2019 Type here to search BAN