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January February March April Total sales....... $600,000 $700.000 $500,000 $300,000 1. 70% of Parlee Corporation's sales are collected in the month of sale, 25% in
January February March April Total sales....... $600,000 $700.000 $500,000 $300,000 1. 70% of Parlee Corporation's sales are collected in the month of sale, 25% in the month following sale, and 5% in the second month following sale. Shown are budgeted sales data for the company. What would be the total budgeted cash collections in April? O A. $210,000 O B. $370,000 O C. $125,000 O D. $35,000
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