Multiple Choice
Avril Company makes collections on sales according to the following schedule:
30% in the month of sale
60% in the month following sale
8% in the second month following sale
The following sales are expected:
What should be the budgeted cash collections in March?
A) $105,000.
B) $110,000.
C) $110,800.
D) $113,000.
Correct Answer:

Verified
Correct Answer:
Verified
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