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Sales are aude ( 20^{4} mathrm{n} ) in cash and 80circ on account. From experience, the company has learned that a month's datre ca accaunt

image text in transcribed Sales are aude \\( 20^{4} \\mathrm{n} \\) in cash and \80circ on account. From experience, the company has learned that a month's datre ca accaunt are collected according to the following pattern: Dudley pays \70 of its inventory purchases in the month of purchase, the rest in the following month of purchase. Half of the equipment purchases are paid in the month of purchase and the balance in the first month following the purchase. Required: a) Compute the budgeted cash recefpts for March

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