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Distribution Corporation collects 35?% of a? month's sales in the month of? sale, 45?%in the month following? sale, and 20?% in the second month following
Distribution Corporation collects
35?% of a? month's sales in the month of? sale,
45?%in the month following? sale, and
20?% in the second month following sale. Budgeted sales for the upcoming four months? are:
April budgeted sales | $140,000 |
May budgeted sales | $140,000 |
June budgeted sales | $280,000 |
July budgeted sales | $180,000 |
The amount of cash that will be collected in July is budgeted to be
A.
$ 154 comma 000$154,000
B.
$ 217 comma 000$217,000
C.
$ 211 comma 000$211,000
D.
$ 63 comma 000
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