Service

Chat Now

Co makes all sales on account, subject to the following collection

Co makes all sales on account, subject to the following collection

Co makes all sales on account, subject to the following collection:30% are collected in the month of sale; 60% are collected in the first month after sale, and 10% are collected in the second month after sale. If sales for April, May, and June were $60,000, $80,000, and $70,000, recpectively, what were the firm's budgeted collections for June?
A. $21,000
B. $60,000
C. $69,000
D. 75,000"

Roshan kumar 10-Nov-2017

Answer (UnSolved)

question Get solution