Cornerstones of Managerial Accounting 6th Edition by Maryanne Mowen,Don Hansen ,Dan Heitger

تمرين 31

Assume that a company has the following accounts receivable collection pattern:

All sales are on credit. If credit sales for January and February are $100,000 and $200,000, respectively, the cash collections for February are
A) $140,000.
B) $300,000.
C) $120,000.
D) $160,000.
E) $80,000.