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Distribution Corporation collects 35% o a month's sales n the month of sale, 45% in the month following sale and 2 in the second month
Distribution Corporation collects 35% o a month's sales n the month of sale, 45% in the month following sale and 2 in the second month follow ng sale. Budgeted sales orthe upcoming our months are: April budgeted sales May budgeted sales June budgeted sales July budgeted sales $120,000 $150,000 $230,000 $170,000 The amount of cash that will be collected in July is budgeted to be O A. $59,500 O B. S190.000 O C. $133,500 D. $193,000
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