Shown Below Is the Sales Forecast for Kalin Inc On Average,50% of Credit Sales Are Paid for in the First
Shown below is the sales forecast for Kalin Inc.for the first four months of the coming year. On average,50% of credit sales are paid for in the month of the sale,30% in the month following sale,and the remainder are paid two months after the month of the sale.Assuming there are no bad debts,the expected cash inflow in March is: (CMA adapted)
A) $138,000.
B) $122,000.
C) $119,000.
D) $108,000.
Correct Answer:
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