Question: What is the correct answer? For Dubinsky Company, experience has shown that payment for the credit sales is received as follows: 40% in the month

What is the correct answer?

For Dubinsky Company, experience has shown that payment for the credit sales is received as follows: 40% in the month of sale, 40% in the first month after sale, 10% in the second month after sale, and 10% uncollectible. Dubinsky Company has budgeted the following credit sales during the last four months of the year: September, $15,000; October, $18,000; November $16,000; December, $34,000. How much cash can Dubinsky Company expect to collect in November as a result of credit sales? OA. $16,000 OB. $15, 100 O C. $13,600 O D. $8,700

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