Comments 2:47 0 4 C AutoSave Final-BUS 2001 questions File Home Draw Page Layout Forma Ve Cih Wapet ID - P BIOA E Merge Center Chord 5 969 - Select En K - E F B D G H 1 Question 3 - Cash Budgeting 2 3 Yorkville Corporation has all of its sales on account. The firm collects 42% of its sales in the month 4 of sale, 36% of sales in the month following the sale, 15% in the second month following sale, and 5 the remaining 7% is uncollectible. Using the following forecasted sales, calculate the cash to be 6 collected in April AND the ending accounts receivable balance in April: Feb 7 May $70,000 Apr $80,000 Mar $90,000 Jan $120,000 $115,000 8 9 Forecasted Sales 10 11 12 13 14 - O Type here to search