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Chico Fabricators needs your help with their cash budget. When they sell desks about 50% of their customers pay cash about and 50% of their
Chico Fabricators needs your help with their cash budget. When they sell desks about 50% of their customers pay cash about and 50% of their customers are credit customers. They credit customers are expected to pay 50% in the following month and 50% two month later. If chico had total customers desk sales in March of $2,000,000. When can they expect to collect the cash for March Sales?
March (a)
April (b)
May ( c)
June (d)
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