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BusyBody Company expects its November sales to be 20% higher than its October sales of S 150.000. Purchases were $60,000 in October and are expected
BusyBody Company expects its November sales to be 20% higher than its October sales of S 150.000. Purchases were $60,000 in October and are expected to be $110,000 in November All sales are on credit and are collected as follows: 35% n the month of the sale and 60% in the following month. Purchases are paid 30% in the month of purchase and 70% n the following month. The cash balance on November 1 is $13,900 The cash balance on November 30 will be D A $64,100 O B. $78,000 O C. $166,900 O D. $91,900
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