The Following Credit Sales Are Budgeted by Gonzalez Company $$\begin{array} { l r } \text { January } & \$ 102,000 \\\text { February } & 150,000 \\\text { March } & 210,000\end{array}$$

question 211

Multiple Choice

The following credit sales are budgeted by Gonzalez Company: $$\begin{array} { l r } \text { January } & \$ 102,000 \\\text { February } & 150,000 \\\text { March } & 210,000\end{array}$$ The company's past experience indicates that 80% of the accounts receivable are collected in the month of sale, 20% in the month following the sale. The anticipated cash inflow for the month of March is

• A) $198,000.
• B) $168,000.
• C) $210,000.
• D) $204,000.

---

Definitions:

Negligence Established

The condition in which it has been proven that a party failed to exercise a degree of care that a reasonably prudent person would have in a similar situation, leading to harm or damage.

Warning Affixed

Notices or labels attached to a product that inform consumers about potential risks associated with its use.

Squirt Gun Mishap

An incident involving unintended consequences or accidents from the use of a water pistol or squirt gun.

Product Itself

The actual good or service being offered to the consumer, distinguished from aspects such as packaging or delivery.