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Chiwen, Inc has budgeted sales for the upcoming months as follows: February 15230.000 March is 200.000 April $ 250,000 May IS 300,000 20% of sales

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Chiwen, Inc has budgeted sales for the upcoming months as follows: February 15230.000 March is 200.000 April $ 250,000 May IS 300,000 20% of sales are made in cash the remainder is on credit. Credit sales are collected to in the month of sale the remaining the following month. What are budgeted cash collections for April QUESTION 35 Refer to Question 34 (Chiwen.inc) What is the budgeted Accounts Receivable balance for April 307

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