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Avril Company Makes Collections on Sales According to the Following

Question 19

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:
 Expected Sales  Tanuary $100,000 February 120,000 March 110,000\begin{array}{|l|r|}\hline & \text { Expected Sales } \\\hline \text { Tanuary } & \$ 100,000 \\\hline \text { February } & 120,000 \\\hline \text { March } & 110,000 \\\hline\end{array}
What should be the budgeted cash collections in March?


A) $105,000.
B) $110,000.
C) $110,800.
D) $113,000.

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