In recent years, Sands Retro Clothing has collected 45% of its sales in the month of the sale, 53% in the month that follows the sale. The other 2% is not collected. During the first five months of 2014, Sands is anticipating sales of $330,000, $415,000, $540,000, $260,000, and $370,000, respectively. What is the amount of cash receipts budgeted for March?

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The Answer of In recent years, Sands Retro Clothing has collected 45% of its sales in the month of the sale, 53% in the month that follows the sale. The other 2% is not collected. During the first five months of 2014, Sands is anticipating sales of $330,000, $415,000, $540,000, $260,000, and $370,000, respectively. What is the amount of cash receipts budgeted for March?

In Recent Years, Sands Retro Clothing Has Collected 45% of Its