CMA (US) - Part-2 - Cash Budget - Shown below is the

Описание к видео CMA (US) - Part-2 - Cash Budget - Shown below is the

Shown below is the forecast of sales for the first 4 months of the year (all amounts are in thousands of dollars)
January February March April
Cash Sales $15 $24 $18 $14
Sales on credit 100 120 90 70
On average, 50% of credit sales are paid in the month of sale, 30% in the month following sale, and the remainder is paid 2 months after the month of sale. Assuming there are no bad debts, the expected cash inflow for March is
A. $138,000
B. $122,000
C. $119,000
D. $108,000

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