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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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9 years ago
Natcher Corporation collects 30% of a month's sales in the month of sale, 55% in the month following sale, and 10% in the second month following sale. The company has found that 5% of their sales are uncollectible. Budgeted sales for the upcoming four months are:

August budgeted sales   $300,000
September budgeted sales   $280,000
October budgeted sales   $330,000
November budgeted sales   $260,000

The amount of cash that will be collected in November is budgeted to be
A) $78,000.
B) $283,000.
C) $287,500.
D) $291,500.
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Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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9 years ago
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bernie2981 Author
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#2
8 years ago
Wow! Thank you
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#3
4 years ago
whats the anwer?
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#4
4 years ago
thank you
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