La Yarrs United Group makes collections on sales according to the following schedule: 50% in month of sale 47% in month following sale 3% in second month following sale The following sales have been budgeted: Sales April %24 170,000 Мay 24 190,000 June %24 180,000 Budgeted cash collections in June would be: Select one: a. $180,000 b. $184.400 C. $180,510 d. $179.300

La Yarrs United Group makes collections on sales according to the following schedule: 50% in month of sale 47% in month following sale 3% in second month following sale The following sales have been budgeted: Sales April %24 170,000 Мay 24 190,000 June %24 180,000 Budgeted cash collections in June would be: Select one: a. $180,000 b. $184.400 C. $180,510 d. $179.300

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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