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Help Save Gardner Company expects sales for October of $254,000. Experience suggests that 55% of sales are for cash and 45% are on credit. The

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Help Save Gardner Company expects sales for October of $254,000. Experience suggests that 55% of sales are for cash and 45% are on credit. The company collects 50% of its credit sales in the month of sale and 50% in the month following sale. Budgeted Accounts Receivable on September 30 is $71.000 What is the amount of cash expected to be collected in October? Multiple Choice $127,000. $210,700 $196,850 O $139,700 $267,850 s rov 20 of 50 H Next >

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