Question 14 Ginobili has forecast sales to be $133,700 in February, $156,400 in March, $161,000 in April, and $174,000 in May. 45% of sales are on made on credit, the rest are for cash. The sales on credit are collected 60% in the month of sale, and 40% the month following. What are the total budgeted cash receipts in March? Correct Answer: 152,314