Business, 22.12.2020 04:00 mya1318

Tzunam Corp. is preparing its cash budget. It expects to have sales of $30,000 in January, $35,000 in February, and $30,000 in March. If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, what are the expected cash receipts for March? a. $36,000.
b. $39,600.
c. $42,480.
d. $42,840.
e. $40,320.

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Tzunam Corp. is preparing its cash budget. It expects to have sales of $30,000 in January, $35,000 i...

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