Question
Print tem Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business September, October,
Print tem Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business September, October, and November are $236,000, $317,000, and $412,000, respectively. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the sale. The cash collections expected in October from accounts receivable are estimated to be Oa. $210,560 Ob. $144,480 Oc. $252.672 Od. $177,520 All work saved acer Subent Tour Net Shing
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