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For Dubinsky Company, experience has shown that payment for the credit sales is received as follows: 32% in the month of sale. 40% in the
For Dubinsky Company, experience has shown that payment for the credit sales is received as follows: 32% in the month of sale. 40% in the first month after sale, 20% in the second month after sale, and 8% uncollectible. Dubinsky Company has budgeted the following credit sales during the last four months of the year: September, $19,000: October, $21,000: November 524.000: December 30,000. How much cash can Dubinsky Company expect to collect in November as a result of credit sales? O A. $12,200 OB. $24.000 OC. $19.980 OD $18.080
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