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Question 3 1 pts Below is the Zotirvine Corporation's budgeted sales for this year. January February March Cash Sales $40,000 $45,000 $39.000 $34.000 $44.000 $70,000
Question 3 1 pts Below is the Zotirvine Corporation's budgeted sales for this year. January February March Cash Sales $40,000 $45,000 $39.000 $34.000 $44.000 $70,000 Credit Sales $140,000 $160,000 $120,000 $119.000 $190.000 $130.000 April May June The company's expected cash collection is as below. Collections on cash sales: immediate cash collections Collections on credit sales: 55% in month of sale and 45% in month following sale What is the total cash collected during March by the Zotlrvine Corporation? 182,000 176,000 177,000 193,000 187.000 196,000
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