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Pigskin Inc. produces and sells leather handbags.Sales are 40% in cash and 60% on account. Cash from sales on account is collected 50% in the
Pigskin Inc. produces and sells leather handbags.Sales are 40% in cash and 60% on account. Cash from sales on account is collected 50% in the month of sale and 50% in the month following.In February, Pigskin has total sales revenue of $80,000 and total cash collections of $86,000.Compute the total sales revenues for the month of January.
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None of the other answers are correct
$100,000
$110,000
$60,000
$30,000
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