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  3. the following credit sales are budgeted by whisper

The following credit sales are budgeted by Whispering Winds Corp.: January $281500 February 414000 March...

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Accounting

The following credit sales are budgeted by Whispering Winds Corp.: January $281500 February 414000 March 579600 April 496800 The companys past experience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following the sale, and 8% in the second month following the sale. The anticipated cash inflow for the month of March is $463680. $511040. $486860. $496800

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