Question: Super H Hotels expects $ 7 6 0 , 0 0 0 of total sales in February and $ 7 0 0 , 0 0

Super H Hotels expects $760,000 of total sales in February and $700,000 of total sales in March. Historically, the company collects 80% of its total sales in the month of sale and 20% in the following month.
Determine the amount of cash that the company expects to collect in the month of March.
Do not enter dollar signs or commas in the input boxes.
Super H Hotels
Cash Collections Budget
For the Month Ending March 31,2020
Collection of February Sales $Answer
Collection of March Sales $Answer
Total cash to be collected

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