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TB MC Qu. 07-116 (Algo) Rulz Company's budget Includes the following... Ruiz Company's budget includes the following credit sales for the current year: September, $147,000;

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TB MC Qu. 07-116 (Algo) Rulz Company's budget Includes the following... Ruiz Company's budget includes the following credit sales for the current year: September, $147,000; October $138.000; November, $122,000: December, $159,000. Credit sales are collected as follows: 15% in the month of sale, 60% in the first month after sale, and 25% in the second month after sale. How much cash can the company expect to collect in December as a result of current and past credit sales

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