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sporting life expects to have a sales of 30,000 in april, 35 000 in may and 40 000 in june. 20% of the company's sales
sporting life expects to have a sales of 30,000 in april, 35 000 in may and 40 000 in june. 20% of the company's sales are paid by cash and the rest are paid on credit. of the credit sales, 70% of the credit sales is paid in the month following the sale and other 30%are paid 2 months following the sale, what are the cash receipts for the firm in june
a. 34800
b. 26800
c.23800
d. 8000
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