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Maple Inc. collects 30% of its sales in the month of sale and the other 70% in the following month. The following shows budgeted sales
Maple Inc. collects 30% of its sales in the month of sale and the other 70% in the following month. The following shows budgeted sales for January through March. January $250,000 February $325,000 March $387,500 What is the amount of cash receipts budgeted for February? 1) $97,500 2) $271,250 3) $272,500 4) $302,000 PON @ 3) MacBook Air 80 F3 F4 F5 E6 F2 18 59 FO ^ * # 3 $ 4 % 5 & 7 6 8 9 0
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