Sacrolotion Co.s sales are 10% cash and 90% on credit. Credit sales are collected as follows: 30% in the month of sale, 50% in the next month, and 20% in the following month. On December 31, the accounts receivable balance includes $10,500 from November sales and $42,000 from December sales. If total sales for January are budgeted to be $50,000, what are the expected cash receipts for January?

a) $43,100 b) $51,500 c) $59,000 d) $60,500

Cost-Minus Inc. is a merchandising company that is trying to decide how many units of merchandise to order each month. The company's policy is to have 20% of the next month's sales in inventory at the end of each month. Projected sales for August, September, and October are 30,000 units, 20,000 units, and 40,000 units respectively. How many units must be purchased in September?

a) 16,000 units b) 22,000 units c) 24,000 units d) 28,000 units