Question
Lincoln Enterprises has budgeted sales for the month of September and October 170.000 and 5100,000 Morty wore 10 credits and $100,000, respectively Monthly sales are
Lincoln Enterprises has budgeted sales for the month of September and October 170.000 and 5100,000 Morty wore 10 credits and $100,000, respectively Monthly sales are 80% credit and 20% cash. Of the credit sales, 30% are collected in the month of sale
A. $116.800
B. $139 200
C. $119,200
D. $44,000
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Financial Accounting
Authors: Robert Kemp, Jeffrey Waybright
2nd edition
978-0132771801, 9780132771580, 132771802, 132771586, 978-0133052152
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