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rion Corporation is preparing a cash budget for the six months beginning January 1. Shown below are the company's expected collection pattern and the
rion Corporation is preparing a cash budget for the six months beginning January 1. Shown below are the company's expected collection pattern and the budgeted sales for the period: pected collection pattern: 5% collected in the month of sale 0% collected in the month after sale 0% collected in the second month after sale % collected in the third month after sale % uncollectible udgeted Sales: anuary February March pril May une $160,00 185,00 190,00 170,00 200,00 180,00 hat would be the estimated total cash collections during April from sales and accounts receivables? Multiple Choice O O O O $155,900 $167,000 $171,666 $173,400
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