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Piatt Company Expects Cash Sales for July of $16,000, and a 23

Question 65

Multiple Choice

Piatt Company expects cash sales for July of $16,000, and a 23% monthly increase during August and September. Credit sales of $1400 in July should be followed by 29% increases during August and September. What are budgeted cash sales and budgeted credit sales for September respectively?


A) $20,640 and $1722
B) $13,008 and $1085
C) $19,680 and $1806
D) $24,206 and $2330

Correct Answer:

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