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Other Fields Homework Help Accounting Topic started by: bernie2981 on Nov 14, 2015



Title: Distribution Corporation collects 40% of a month's sales in the month of sale, 55% in the month foll
Post by: bernie2981 on Nov 14, 2015
Distribution Corporation collects 40% of a month's sales in the month of sale, 55% in the month following sale, and 5% in the second month following sale. Budgeted sales for the upcoming four months are:

April budgeted sales   $100,000
May budgeted sales   $150,000
June budgeted sales   $230,000
July budgeted sales   $180,000

The amount of cash that will be collected in July is budgeted to be
A) $179,500.
B) $72,000.
C) $195,500.
D) $206,000.


Title: Re: Distribution Corporation collects 40% of a month's sales in the month of sale, 55% in the month
Post by: nuclei on Nov 15, 2015
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Title: Re: Distribution Corporation collects 40% of a month's sales in the month of sale, 55% in the month foll
Post by: bernie2981 on Dec 1, 2015
Answers my question perfectly.


Title: Re: Distribution Corporation collects 40% of a month's sales in the month of sale, 55% in the month ...
Post by: Jan Dave S H on Mar 14, 2020
Thabk you


Title: Re: Distribution Corporation collects 40% of a month's sales in the month of sale, 55% in the month ...
Post by: Brian Freestone on Mar 31, 2020
Thank you!