Posey's Pet Emporium Sales Forecast July August September Quarter Budgeted sales volume $32,000.00 $35,200.00 $35,000.00 $102,200.00 × Budgeted selling price $4.99 $4.99 $4.99 $4.99 Budgeted sales revenue $159,680.00 $175,648.00 $174,650.00 $509,978.00 Cash Receipts Budget July August September Quarter Beginning A/R (June collections) $69,540.64 $69,540.64 July cash sales $31,936.00 $31,936.00 July credit sales $57,484.80 $66,426.88 $123,911.68 August cash sales $35,129.60 $35,129.60 August credit sales $63,233.28 $73,069.57 $136,302.85 September cash sales $34,930.00 $34,930.00 September credit sales $62,874.00 $62,874.00 

Calculate the total cash receipts?

Answer rating: 100% (QA)

To calculate the total cash receipts we need to sum the cash sales and the ... View the full answer