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The Following Credit Sales Are Budgeted by Gonzalez Company  February 150,000 March 210,000 April 180,000\begin{array} { l l } \text { February } & 150,000 \\\text { March } & 210,000 \\\text { April } & 180,000\end{array}

Question 28

Multiple Choice

The following credit sales are budgeted by Gonzalez Company:  February 150,000 March 210,000 April 180,000\begin{array} { l l } \text { February } & 150,000 \\\text { March } & 210,000 \\\text { April } & 180,000\end{array} The company's past experience indicates that 80% of the accounts receivable are collected in the month of sale, 20% in the month following the sale. The anticipated cash inflow for the month of April is


A) $144,000.
B) $168,000.
C) $180,000.
D) $186,000.

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