Wiggles Right forecasted sales of $5,000 in October, $4,000 in November and $4,000 in December. All sales are on credit. 40% is collected the month of sale and the remainder the following month. How much is collected from accounts receivable in November?
A) $5,400
B) $4,800
C) $6,000
D) $4,600

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The Answer of Wiggles Right forecasted sales of $5,000 in October, $4,000 in November and $4,000 in December. All sales are on credit. 40% is collected the month of sale and the remainder the following month. How much is collected from accounts receivable in November?
A) $5,400
B) $4,800
C) $6,000
D) $4,600

Wiggles Right Forecasted Sales of $5,000 in October, $4,000 in November