Question: Seved Help Save & Exit Subr Grover has forecast sales to be $125,000 in February, $139,000 in March, $154,000 in April, and $145,000 in May.

Seved Help Save & Exit Subr Grover has forecast sales to be $125,000 in February, $139,000 in March, $154,000 in April, and $145,000 in May. The average cost of goods sold is 75% of sales. All sales are on made on credit and sales are collected 60% in the month of sale, and 40% the month following. What are budgeted cash receipts in March? Multiple Choice $133.400 394100 $137.400 596,300 1

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