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Question 5 1 pts Courtney Company has the following sales budget: July, $105,000 August $211,000 September $134,000 Budgeted Sales Credit sales represent 80 percent of

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Question 5 1 pts Courtney Company has the following sales budget: July, $105,000 August $211,000 September $134,000 Budgeted Sales Credit sales represent 80 percent of budgeted sales. Of the credit sales, 20 percent is collected in the month of the sale, 60 percent in the month after the sale, and the remaining 15 percent is collected two months after the sale. Five percent of all sales are uncollectible and written-off. Cash receipts from sales in September amounted to $169,150 $107,200 $162,120 $135,320 in minutes Oxam you will Question 6 1 pts In September of 2019. Hayden Products Inc. began doing business as a corporation. The company plans to start making its first purchases in October of 2019. They have the following purchases budgeted for the last quarter of 2019 October November December $850,000 600,000 720,000 Hayden has worked out agreements with its various suppliers to pay for one-third of a month's purchases each month, beginning in the month of purchase, until the purchases are paid in full. No purchases were made prior to October What are expected total cash disbursements for the last quarter of 2019? $1,446,667 $1,006,667 OS 723,333 $1.490,000

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