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Business, 28.11.2019 06:31 xXCoryxKenshinXx
Feeney furniture prepared the following sales budget: month march april may june cash sales credit sales $11,000 0 $11,000 0 37,000 $51,000 $17,000 $39,00 $45,000 $60,000 credit collections are 5% two months following the sale, 30% in the month following the sale, and 62% in the month of sale. the remaining 3% is expected to be uncollectible what are the total cash collections in june at feeney furniture? oa. $111,000 b. $103.270 oc. $20.470 o d. $43,270
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Feeney furniture prepared the following sales budget: month march april may june cash sales credit...
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