Use the Information Below to Answer the Following Question(s)

question 41

Multiple Choice

Use the information below to answer the following question(s) .
Three Sisters Catering prepared the following sales budget:

Credit collections are 35% in the month of sale, 55% in the month following the sale, and 10% two months following the sale. The remaining 5% is expected to be uncollectible.
-What is the total cash received in April from April sales at Three Sisters Catering?

• A) $4,800
• B) $41,600
• C) $39,000
• D) $3,000

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