Two Brothers Moving prepared the following sales budget: 
Credit collections are 25% in the month of sale, 60% in the month following the sale, and 10% two months following the sale. The remaining 5% is expected to be uncollectible.
What are the total cash collections in June at Two Brothers Moving?
A) $39,600
B) $10,400
C) $90,600
D) $101,000
Correct Answer:
Verified
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