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Grover has forecast sales to be $130,000 in February, $135,000 in March, $158,000 in April, and $144,000 in May. The average cost of goods sold
Grover has forecast sales to be $130,000 in February, $135,000 in March, $158,000 in April, and $144,000 in May. The average cost of goods sold is 75% of sales. All sales are on made on credit and sales are collected 60% in the month ofsale, and 40% the month ollowing. Vi harare budgeted cash receipts in March? O $133,000 O $93,700 $13700o o $96,500
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