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B MC Qu. 20-142 (Static) Memphis Company anticipates total... temphis Company anticipates totalsales for April,...

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Accounting

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B MC Qu. 20-142 (Static) Memphis Company anticipates total... temphis Company anticipates totalsales for April, May, and June of $800,000,$900,000, and $950,000 respectively. Cash sales are normally 25% of total sales: of the credit sales. 30% are collected in the same month as the sale, 65% are collected during the first month after the sale, and the remaining 5% are not ollected Compute the amount of castr recelved from totat sales during the month of June. Multiple: Choce $501500 $652500 $817500 $592500

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