Question: 10 S Question 1 Time 3 Hours 26 MS https://mybusinesscourse.com/ercadet/12266 Click to open All of Gaylord Corporation's sales are an account. Thirty-five percent of the
10 S Question 1 Time 3 Hours 26 MS https://mybusinesscourse.com/ercadet/12266 Click to open All of Gaylord Corporation's sales are an account. Thirty-five percent of the sales on account are collected in the month of sale, 45% in the month following sale, and the remainder are collected in the second month following sale. The following are budgeted sales data for the company: January $50,000 February $60,000 March $40,000 April $30,000 Total sales What is the amount of cash that should be collected in March? $37.000 $41.000 $51.000 $24.000 Next
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