Concord Corporation has the following budgeted sales: July $120000, August $220000, and September $170000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts during September are 000 $200000. $170000. $194500. $185000.

Concord Corporation has the following butgeted sales luly $120000, Nugast $220000, and Seotember $170000. 40% of the sales are forcash and 60% are on creda. For the credit sales, 30% are collected in the month of sale, and 500 the next month The total opected enhareceipts during Sentember are 5200000 $170000 5194500 5185000