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The budget director of Natalia's Florist has prepared the following sales budget. The company had $320,000 in accounts receivable on July 1. Natalia's Florist normally

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The budget director of Natalia's Florist has prepared the following sales budget. The company had $320,000 in accounts receivable on July 1. Natalia's Florist normally collects 100 percent of accounts receivable in the month following the month of sale. The budget director of Natalia's Florist has prepared the following sales budget. The company had $320,000 in accounts receivable on July 1. Natalia's Florist normally collects 100 percent of accounts receivable in the month following the month of sale

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