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Find what would be the budgeted total cash receipts in april

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Kingston Company's sales are 30% in cash and 70% on credit. Sixty percent of the credit sales are collected in the month of sale, 25% in the month following sale, and 12% in the second month following sale. The remainder is uncollectible. The following are budgeted sales data:

                                      January             February          March          April           

Total Sales:              $60,000              $70,000       $50,000         $30,000

Question 1: What would be the budgeted total cash receipts in April?

A) $27,230.

B) $36,230.

C) $38,900.

D) $47,900

Reference no: EM132603366

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