How much is the company's expected cash collections in the month of May? $247,000, $91,000,$169,000 or $156,000 ?

How much is the company's expected cash disbursement for merchandise in the month of April? $74,000, $58,800, $88,200 or $132,800 ?

How much is the company's expected merchandise purchases in the month of June? $154,500, $147,000,$190,500 or $153,000 ?

How much is the company's expected Accounts Receivable balance on June 30? $162,500, $87,500, $256,500 or $169,000?

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Required information TES-900 Inc. is a retailer. Its accountants are preparing the company's 2 nd quarter master budget. The company has the following balance sheet as of March 31. TES-900 accountants have made the following estimates: 1. Sales for April, May, June, and July will be $240,000,$260,000,$250,000, and $270,000, respectively. and the remaining 60% in the month following the purchase. All of the accounts payable at March 31 are related to previous merchandise purchases and will be paid in April. are incurred