Business, 25.03.2020 04:33 33865

Thornton, Inc. has budgeted sales for the months of September and October at $ 302 comma 000 and $ 264 comma 000, respectively. Monthly sales are 80% credit and 20% cash. Of the credit sales, 50% are collected in the month of sale, and 50% are collected in the following month. Calculate cash collections for the month of October. A. $ 279 comma 200 B. $ 181 comma 200 C. $ 286 comma 800 D. $ 158 comma 400

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Thornton, Inc. has budgeted sales for the months of September and October at $ 302 comma 000 and $ 2...

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