Question

Junior Snacks reports the following information from its sales budget:
Expected Sales: October"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6.. $143,000

November"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6. 151,000

December"u00a6"u00a6"u00a6"u00a6"u00a6"u00a6 187,000

All sales are on credit and are expected to be collected 40% in the month of sale and 60% in the month following sale. The total amount of cash expected to be received from customers in November is:
A.$146,200.
B.$ 85,800.
C.$151,000.
D.$236,800.
E.$60,400.

Answer

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