Multiple Choice
Shown below is the sales forecast for Cooper Inc.for the first four months of the coming year. On average,50% of credit sales are paid for in the month of the sale,30% in the month following sale,and the remainder are paid two months after the month of the sale.Assuming there are no bad debts,the expected cash inflow in March is:
A) $138,000
B) $122,000
C) $119,000
D) $108,000
Correct Answer:

Verified
Correct Answer:
Verified
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