What amount of cash will be received during december

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Reference no: EM131087793

The sales for October, November and December are $10,000, $12,000 and $18,000, respectively. For any particular month of sales, the following percentages are received over time in cash: 20% in cash from that same month of sales; 50% in cash from the previous month's sales; and, 30% in cash from the sales from two months ago. What amount of cash will be received during December?

A-$9,000

B-$12,600

C-$12,000

D-$9,600

Reference no: EM131087793

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