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What are matterhorn total cash receipts

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Reference no: EM132128687

Matterhorn, Inc. had the following sales for the past six months. Matterhorn collects its credit sales 30% in the month of sale, 60% one month after the sale, and 10% two months after the sale.

Cash Sales Credit Sales

January $50,000 $50,000

February $70,000 $110,000

March $55,000 $95,000

April $78,000 $130,000

May $80,000 $105,000

June $75,000 $148,000

What are Matterhorn's total cash receipts for the month of April?

Reference no: EM132128687

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