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COVID 19 Co has forecast sales to be $131,000 in February, $135,000 in March, $155,000 in April, and $149,000 in May. The average cost of
COVID 19 Co has forecast sales to be $131,000 in February, $135,000 in March, $155,000 in April, and $149,000 in May. The average cost of goods sold is 75% of sales. All sales are on made on credit and sales are collected 60% in the month of sale, and 40% the month following. What are budgeted cash receipts in 1.50 question April? Select one: a. $147,000 b $94.100 C. C $ 6,900 d $133.400
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