distribution corporation collects 60% of a month's sales in the month of sale, 35% in the month following sale, and 5% in the second month of following sale. The cash amount that will be collected in july is budgeted to be....

Distribution Corporation coleds 60% of a month's sales in the month of sale, 35% in the month following sal, and 5% in the second month following sale. Budgeted sales for the upcoming four months are Apibudgled Sales 570.000 May budgeted sales $120.000 June bodgeted sales $290 000 July budgeted sales 5100,000 The mount of cash that will be collected in July budged to be O A $107.500 DB 5514,000 OC 321 300 OD 5103.000