Question

ttps//ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%2530%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmheproducts%252FImsCloseWi... A 16 at a awesome.. Soda Fountain Mac... My Inbox Helper / MSN | Outlook, Offi... > Suggested Sites Saved Assume a company is preparing a budget for its first two months of operations. During the first and second months it expects cash sales of $29,000 and $45,500, respectively. It also expects cre $55,500 and $65,500, respectively. The company expects to collect 45% of its credit sales in the month of the sale, 50% in the following month, and 5% is deemed uncollectible. What amount of would appear in the company's cash budget for the first month? Multiple Choice $53,975 $24,975 O $70,475 O $45,500 Brey 4 of 10 Next >