Sarasota Company's budgeted sales and direct materials (DM) purchases are as follows. Sarasota's sales are 40% cash and 60% credit. Credit sales are collected 10% in the month of sale, 50% in the month following salc, and 36% in the second month following sale; 4% are uncollectible. Sarasota's purchases are 50% cash and 50% on account. Purchases on account are paid 40% in the month of the purchase and 60% in the month following the purchase. (a) Prepare a sichedule of budgeted cash receipts from customers for March. SARASOTACOMPANY Budgeted Cash Receipts from Customers March Prepare a schedule of budgeted cash receipts from customers for March. Attempts: 0 of 2 used