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Freighters Inc

Question 104

Multiple Choice

Freighters Inc.has provided the following extracts from their budget for the first quarter of the forthcoming year: Freighters Inc.has provided the following extracts from their budget for the first quarter of the forthcoming year: The company collects 60% of credit sales in the same month and the balance in the next month.Calculate the collections from the customers for the month of February. A) $ 580,000 B) $720,000 C) $680,000 D) $490,000 The company collects 60% of credit sales in the same month and the balance in the next month.Calculate the collections from the customers for the month of February.


A) $ 580,000
B) $720,000
C) $680,000
D) $490,000

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