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Slate Corner Shoppe is a local convenience store with the following information: (Click the icon to view the information.) Re• October sales were $220,000. Sales are projected to go up by 15% in November (from the October sales) and another 30% in De

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Answer #1
SLATE CORNER SHOPPE
Sales budget
For the month of November and December
November December
Cash sales @20% $50,600 $65,780
Credit sales @80% $202,400 $263,120
Total sales $253,000 $328,900

Total sales :-

November = 220,000 x 1.15 = 253,000

December = 253,000 x 1.30 = 328,900

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