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Question 43

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Use the following to answer questions:
Williams Pharmacy Inc. has the following sales budget for the first two quarters of next year:
Use the following to answer questions: Williams Pharmacy Inc. has the following sales budget for the first two quarters of next year:     Cash collections have been determined to follow the pattern below: 60 percent of sales collected in month of sales 25 percent of sales collected in month after sale 12 percent of sales collected two months after sale 3 percent of sales is uncollectible -Cash collections for March are A)  $188,000 B)  $218,000 C)  $224,900 D)  $225,500
Cash collections have been determined to follow the pattern below:
60 percent of sales collected in month of sales
25 percent of sales collected in month after sale
12 percent of sales collected two months after sale
3 percent of sales is uncollectible
-Cash collections for March are


A) $188,000
B) $218,000
C) $224,900
D) $225,500

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