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Problem 4 GameGirl Inc. sells game apps for $39 each. The marketing department prepared the following semiannual forecast: January February March 500 apps 600 apps

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Problem 4 GameGirl Inc. sells game apps for $39 each. The marketing department prepared the following semiannual forecast: January February March 500 apps 600 apps 700 apps April May June 800 apps 900 apps 1,000 apps Over the past few years GameGirl Inc. has collected 70% of sales in the month of sale, 20% in the month following the month of sale and 8% in the second month following the month of sale. REQUIRED A. Prepare a monthly sales budget for January through June. Include a total column. B. Prepare a monthly cash receipts budget for the second quarter (April, May and June). Include a total column

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