The Following Credit Sales Are Budgeted by Gonzalez Company $\begin{array}{ll}\text { February } & 200,000 \\\text { March } & 280,000 \\\text { April } & 240,000\end{array}$

question 95

Multiple Choice

The following credit sales are budgeted by Gonzalez Company: $\begin{array}{ll}\text { February } & 200,000 \\\text { March } & 280,000 \\\text { April } & 240,000\end{array}$ 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 April is

• A)$172800.
• B)$201600.
• C)$216000.
• D)$248000.

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Definitions:

Housing

The provision of accommodation, typically in the form of buildings or structures where people can live.

Immigration Rate

A measure of the inflow of new residents to a region from another country or region, typically calculated as the number of immigrants per unit of population per year.

Racially Diverse Society

A society that includes individuals and groups from a wide range of racial and ethnic backgrounds, often advocating for equal respect and treatment.

Birth Rate

The statistical measure of the number of live births per 1,000 people in a given population over a specific period of time.