ed COVID 19 Co has forecast sales to be $125,000 in February, $139,000 in March, $159,000...

Question

Question

ed COVID 19 Co has forecast sales to be $125,000 in February, $139,000 in March, $159,000 in April, and $142,000 in May. The

Answer 1

Answer #1

The correct answer is

d) $ 47700

Explanation

budgeted account receivable as on 30 April

= april sales * 30 %

= 159000 * 30%

= $47700

The correct answer is

d) $ 47700

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Answer 2

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