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Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year Jan $500,000.00 5750.000.00 $800.000.00 Feb

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Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year Jan $500,000.00 5750.000.00 $800.000.00 Feb March Sales (20% cash) The company collects 70% of credit sales in the same month and the balance in the next month. Calculate the collections from the customers for the month of February, OA $570,000.00 OB. $540.000.00 OC. $750.000.00 OD. 5000,000.00

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