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junior Snacks reports the following information from its sales budget: Expected Sales: October $ 141,000 November 149,000 December 185,000 All sales are on credit and

junior Snacks reports the following information from its sales budget:

Expected Sales: October $ 141,000
November 149,000
December 185,000

All sales are on credit and are expected to be collected 40% in the month of sale and 60% in the month following sale. The total amount of cash expected to be received from customers in November is:

Multiple Choice

  • $144,200.

  • $84,600.

  • $149,000.

  • $233,600.

  • $59,600.

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