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Mia Ricarti hoteltat b.socrative.com 44 of 50 MULTIPLE CHOICE Mi Casa Resorts is a hotel that services a large number of corporate clients who are

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Mia Ricarti hoteltat b.socrative.com 44 of 50 MULTIPLE CHOICE Mi Casa Resorts is a hotel that services a large number of corporate clients who are allowed prewetu mined mullues. The company wishes to prepare a cash budget for the last quarter of 2020. Sales are expected to be as follows: August September Cash sales $45,000 $48,000 Credit sales 50,000 40,000 Operating expenses 45,000 October November December $35,000 $64,000 $90.000 30,000 40,000 120.000 32.000 49,500 54,000 45,000 Sales: The company's experience shows that on the average 60 percent of credit sales are collected in the month of sale, 30 percent in the following month and the balance two months following sale Expenses: The monthly operating expenses include charges for depreciation amounting to $1000 All other expenses are paid as incurred Other in the month of November 2020, new ide dispensing machines to be purchased for 55.000 for cash What was the total cash or coating as to the tour de ENE o Typellere to search

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