Matterhorn,Inc.had the following sales for the past six months.Matterhorn collects its credit sales 30% in the month of sale,60% one month after the sale,and 10% two months after the sale. 
What are Matterhorn's total cash receipts for the month of April?
A) $208,000
B) $176,000
C) $168,000
D) $98,000
Correct Answer:
Verified
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