June sales were $10,000 while projected sales for July and August were $6,600 and $8,000, respectively. Sales are 45% cash and 55% credit. All credit sales are collected in the month following the sale. Wha are the total expected collections for July? A. $8,470 B. $8,130 C. $7,370 D. $12,070 Soundside Corporation has operating income of $84,000, a sales margin of 24%, and capital turnover of 2.8. The return on investment (ROI) for Soundside Corporation may be closest to A. 67%. B. 16%. C. 3%. D. 149%. Wooden Perch Company expects to sell 5,300 bird perches in January and 9,000 in February for $2 each. What will be the total sales revenue reflected in the sales budget for those months? A. January $18,000; February $10,600 B. January $2,650; February $4,500 C. January $10,600; February $18,000 D. January $4,500; February $2,650