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10 February, 16:46

Quattro began operations in April of this year. It makes all sales on account, subject to the following collection pattern: 20% are collected in the month of sale; 50% are collected in the first month after sale; and 30% are collected in the second month after sale. If sales for April, May, and June were $50,000, $70,000, and $60,000, respectively, what were the firm's budgeted collections for April? a. $10,000. b. $12,000. c. $39,000. d. $40,000. e. Some other amount.

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  1. 10 February, 17:41
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    Answer:Am nevoie de Puncte
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