Warehouse Corporation collects 30% of a month's sales in the month of sale,65% in the month following sale,and 5% in the second month following sale.Budgeted sales for the upcoming four months are: The amount of cash that will be collected in July is budgeted to be:
A) $ 54,000.
B) $171,500.
C) $203,500.
D) $211,000.
Correct Answer:
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