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All of Pocast Corporation's Sales Are on Account

question 228

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All of Pocast Corporation's sales are on account.Sixty percent of the credit sales are collected in the month of sale, 30% in the month following sale, and 10% in the second month following sale.The following are budgeted sales data for the company: All of Pocast Corporation's sales are on account.Sixty percent of the credit sales are collected in the month of sale, 30% in the month following sale, and 10% in the second month following sale.The following are budgeted sales data for the company:   Cash receipts in April are expected to be: A) $530,000 B) $360,000 C) $460,000 D) $410,000 Cash receipts in April are expected to be:


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