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the brs corporation makes collections on sales according to the following schedule: 50% in month of sale 47% in month following sale 3% in second month following sale the following sales have been budgeted: sales april $170,000 may $190,000 june $180,000 budgeted cash collections in june would be:

Respuesta :

Following the sale, the following sales have been budgeted: sales April $170,000 may $190,000 June $180,000 budgeted cash collections in June would be:$184,400

June Cash Collections:  

 50% of June's sale      $90,000

 47% of May's sales $89,300

 3% of April sales         $5,100

Total Budgeted cash collections $184,400 = Answer

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