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Question 13 0.75 points Save Answer Loki Company has the following budgeted sales: January $80,000, February $120,000 and March $100,000. 40% of the sales are
Question 13 0.75 points Save Answer Loki Company has the following budgeted sales: January $80,000, February $120,000 and March $100,000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. What are the total expected cash receipts during March? O A. $47,000 OB. $104.000 O C. $70,200 O D. $106,000
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