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The Following Credit Sales Are Budgeted by Gonzalez Company  February 200,000 March 280,000 April 240,000\begin{array}{ll}\text { February } & 200,000 \\\text { March } & 280,000 \\\text { April } & 240,000\end{array}

Question 170

Multiple Choice

The following credit sales are budgeted by Gonzalez Company:  February 200,000 March 280,000 April 240,000\begin{array}{ll}\text { February } & 200,000 \\\text { March } & 280,000 \\\text { April } & 240,000\end{array} The company's past experience indicates that 80% of the accounts receivable are collected in the month of sale 20% in the month following the sale.The anticipated cash inflow for the month of April is


A) $172800.
B) $201600.
C) $216000.
D) $248000.

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