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Brabantio O. Corporation has the following budgeted sales for the last half of next year. Cash Sales Credit Sales July $120000 $150000 August......... $372000 $170000

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Brabantio O. Corporation has the following budgeted sales for the last half of next year. Cash Sales Credit Sales July $120000 $150000 August......... $372000 $170000 September..... $454000 $130000 October....... $376000 $145000 November...... $307000 $200000 December...... $334000 $350000 The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled: Collections on credit sales: 60% in month of sale 30% in month following sale 10% in second month following sale Q) The total cash receipts during November would be: A) $

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