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Pedro Company has completed its sales budget and has the following projected credit sales. January February March April $ 30,000 $36.000 $ 45,000 $ 48,000

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Pedro Company has completed its sales budget and has the following projected credit sales. January February March April $ 30,000 $36.000 $ 45,000 $ 48,000 receivables in March is expected to be: The company past records show collection of credit sales as follows: 40% in the month of sale and the balance in the following month. The total cash collection from $41.400 $39,600 $45,000 $18,000

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