Garibaldi Inc $$\begin{array} { l l } \text { October } & \$ 3,900,000 \\\text { Novernber } & \$ 4,350,000 \\\text { Decerrber } & \$ 4,725,000\end{array}$$

question 30

Multiple Choice

Garibaldi Inc.collects 40% of its sales in the month of sale and the other 60% in the following month.The following shows budgeted sales for October through December.
$$\begin{array} { l l } \text { October } & \$ 3,900,000 \\\text { Novernber } & \$ 4,350,000 \\\text { Decerrber } & \$ 4,725,000\end{array}$$
What is the amount of cash receipts budgeted for November?

• A)$4,080,000
• B)$1,740,000
• C)$2,340,000
• D)$2,835,000
• E)None of the answer choices is correct.

Understand the interplay between technology and globalization as drivers of change.

Recognize the role of technology in countering short product lifecycles through upgrades and new products.

Comprehend the strategic importance of U.S. ports in global supply chains.

Identify security measures such as the Customs Trade Partnership Against Terrorism (C-TPAT).

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