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May 30th, 2020

Question 4 Airfoil, Inc. has the following sales budget and cash collection information: Credit Sales In the month of the sale 45% In the month after the sale 25% In the second month after the sale 15% A/R balance at the end of previous Q||$107,900|||

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December uncollected sales $74,850 January February March $231,900||$252,400||$276,500 Sales Budget Compute the November Sales. $220,333.33 $1,218,333.33 $349,000.00 $1,047,000.00

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