Information for Deep Sea Fishing Product's Cash Budget Is as Follows

question 24

Multiple Choice

Information for Deep Sea Fishing Product's cash budget is as follows.
$$\begin{array} { | l | c | c | c | c | } \hline \text { Quarter } & 1 & 2 & 3 & 4 \\\hline \text { Estirrated sales (uritis) } & 100 & 200 & 300 & 200 \\\hline\end{array}$$
Each unit sells for $50 and 80% of sales are on credit. Credit sales are collected as follows: 25% in the quarter of the sale and the balance in the following quarter. How many dollars of 3rd quarter sales will be collected in cash in the 4th quarter?

• A) $15 000
• B) $9 000
• C) $12 000
• D) $11 250

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Definitions:

Axillary

Relating to the area under the arm where it meets the shoulder, often referenced in medical and anatomical contexts.

Oral

Pertaining to the mouth or taken through or applied in the mouth, often used in the context of medications or narrations.

Rectal

Related to the rectum, the final section of the large intestine, terminating at the anus.

Pasteurization

A heat treatment process applied to food and drinks to kill harmful microorganisms and extend shelf life without significantly altering the taste or nutritional value.