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BusyBody Company expects its November sales to be 10% higher than its October sales of S 180,000. Purchases were $100,000 in October and are expected

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BusyBody Company expects its November sales to be 10% higher than its October sales of S 180,000. Purchases were $100,000 in October and are expected to be S 100,000 in November. All sales are on credit and are collected as follows: 25% in the month of the sale and 70% in the following month. Purchases are paid 40% in the month of purchase and 60% in the following month. The cash balance on November 1 is $13,000. The cash balance on November 30 will be O A. $75,500 B. $88,500 O c. $62,500 O D. $188,500 Click to select your

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