Homework answers / question archive / The Dalton Corporation makes collections on sales according to the following schedule: 30% in month of sale 60% in month following sale 10% in second month following sale The following sales have been budgeted:   Sales   April $ 140,000 May $ 130,000 June $ 150,000         Budgeted cash collections in June would be: A) $137,000 B) $85,000 C) $45,000 D) $123,000 E) None of the above

The Dalton Corporation makes collections on sales according to the following schedule: 30% in month of sale 60% in month following sale 10% in second month following sale The following sales have been budgeted:   Sales   April $ 140,000 May $ 130,000 June $ 150,000         Budgeted cash collections in June would be: A) $137,000 B) $85,000 C) $45,000 D) $123,000 E) None of the above

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The Dalton Corporation makes collections on sales according to the following schedule:

The following sales have been budgeted:

Budgeted cash collections in June would be:

A) $137,000

B) $85,000

C) $45,000

D) $123,000

E) None of the above