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Homework after close Informaton pertaning to Yekstop Corp's sales revenue is presented below Cash sales Credit toles November December January $ 96,000 $ 125,000 $

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Homework after close Informaton pertaning to Yekstop Corp's sales revenue is presented below Cash sales Credit toles November December January $ 96,000 $ 125,000 $ 78,000 288,000 450.000 234, een $ 354,000 S 575,000 $312,800 Total sales Management estimates that 4% of credit cales are eventually uncollectible of the collectible credit sales, 65% are likely to be collected in the month of sale and the remainder in the month following the month of sale. The company deres to begin each month with an inventory equal to 75% of the sales projected for the month All purchases of inventory are on open account 30% will be polo in the month of purchase and the remainder bald in the month following the month of purchase. Purchase costs are approximately 60% of the saling prices Total budgeted Inventory purchases November by Yekstop Corp are Multiple Choice O $527.250 5489156 5364000 3163 D380719

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