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Marthaler's Suits is looking for assistance with preparing a sales and cash receipts budget for the upcoming year. Dan, the owner, provides you with the

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Marthaler's Suits is looking for assistance with preparing a sales and cash receipts budget for the upcoming year. Dan, the owner, provides you with the following information: - The average suit sells for $275.500 suits were sold in September. Expected sales: 600 in October, 800 in November, and 700 in December. - Cash sales are expected to be 10% and the rest to be on credit. Of the credit sales, 80% are expected to be collected in the month of sale and the rest in the month following the sale. - Cash payments are expected to be paid all on credit. 75% are expected to be paid in the month of purchase and the rest in the month following the purchase. 1. Create a sales budget for Marthaler's Suits for Q4. 2. Create the cash receipts budget for Marthaler's. Suits for Q4. 1. Create a sales budget for Marthaler's Suits for Q4. 2. Create the cash receipts budget for Marthaler's Suits for Q4

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