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Page Company makes 30% of its sales for cash ond 70% on account. 60% of the crerdit shles are collected in the mormh of saie.

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Page Company makes 30% of its sales for cash ond 70% on account. 60% of the crerdit shles are collected in the mormh of saie. 25 k in the month following sole, and 12% in the second month following sale. The remainder is uncollectible. The following information has been gathered for the currech Total cash receipts in Month 4 will be: Multiple Choice $27,230. $47,900

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