48 49 50 46 Question 38 2 points Save Antwer Billy runs a wholesale business, with 90 per cent of his sales made on credit. In respect of credit sales made in any given month, he expects 80 per cent to be paid for in the next following month and 20 per cent in the month after that. (So, for example, 80 per cent of sales made on credit in May would be received in June and 20 per cent in July) Budget data relating to four months of Billy's total sales (le, including both sales for cash and credit sales) are as follows: July 20X4 61,600 August 20X4 62,000 September 20X4 68,000 October 20X4 63,500 How much should Billy include in his cash flow forecast for sales receipts in the month of October 20X4? O 62,078 O 73,150 60.120 E66,470 2 Moving to another question will save this response Question 38 of 50