Healthy Kitchen Inc. manufactures and sells dining sets to retail stores. It expects to sell 5,000 sets for $180 each in May and 6,000 sets for $190 each during June of the current year. Sales are 30% cash and 70% on account. The sales on account are expected to be collected in the month after the sale. Compute the total cash received from sales in June.

Answer rating: 100% (QA)

To compute the total cash received from sales in June lets break down the sales into cash and onacco... View the full answer