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Waterway industries has the following budgeted sales: January $155000. February $217000, and March $200000,40% of the sales are for cash and 60% are on credit.

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Waterway industries has the following budgeted sales: January $155000. February $217000, and March $200000,40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts for March are: $166800$197000$200000$205100

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