Win bicycles inc collects 25 of its sales on account in the

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Win Bicycles, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale. If sales are budgeted to be $18,800 for March and $52,100 for April, what are the budgeted cash receipts from sales on account for April?

Reference no: EM13568335

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Win bicycles inc collects 25 of its sales on account in the : win bicycles inc. collects 25 of its sales on account in the month of the sale and 75 in the month following the sale.
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