Zale,Inc.has provided the following extracts from their budget for the first quarter of the forthcoming year: $$\begin{array} { | l | c | c | c | }
\hline & \text { Jan } & \text { Feb } & \text { March } \
\hline \text { Sales (20\% cash) } & \$ 400,000 & \$ 600,000 & \$ 800,000 \
\hline
\end{array}$$ The company collects 70% 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) $456,000
B) $432,000
C) $552,000
D) $600,000

Question

Zale,Inc.has provided the following extracts from their budget for the first quarter of the forthcoming year: $$\begin{array} { | l | c | c | c | } 
\hline & \text { Jan } & \text { Feb } & \text { March } \
\hline \text { Sales (20\% cash) } & \$ 400,000 & \$ 600,000 & \$ 800,000 \
\hline
\end{array}$$ The company collects 70% 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) $456,000
B) $432,000
C) $552,000
D) $600,000

Quizplus · Accepted Answer

The Answer of Zale,Inc.has provided the following extracts from their budget for the first quarter of the forthcoming year: $$\begin{array} { | l | c | c | c | } 
\hline & \text { Jan } & \text { Feb } & \text { March } \
\hline \text { Sales (20\% cash) } & \$ 400,000 & \$ 600,000 & \$ 800,000 \
\hline
\end{array}$$ The company collects 70% 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) $456,000
B) $432,000
C) $552,000
D) $600,000

Zale,Inchas Provided the Following Extracts from Their Budget for the First