An extract from a company's sales budget is as follows: $ October 224,000 November 390,000 December 402,000 Ten per cent of sales are paid for immediately in cash. Of the credit customers, 30 per cent pay in the month following the sale and are entitled to a one per cent discount. The remaining customers pay two months after the sale is made. What is the value of sales receipts shown in the company's cash budget for December?
A、$285,567
B、$286,620
C、$290,430
D、$312,830
A、$285,567
B、$286,620
C、$290,430
D、$312,830
【参考答案及解析】
$ Cash sales in December ($402,000 x 10%) 40,200 Receipts from November credit sales ($390,000 x 90%x 30% x 99%) 104,247 Receipts from October credit sales ($224,000 x 90% x 70%) 141,120 Total sales receipts in December 285,567
$ Cash sales in December ($402,000 x 10%) 40,200 Receipts from November credit sales ($390,000 x 90%x 30% x 99%) 104,247 Receipts from October credit sales ($224,000 x 90% x 70%) 141,120 Total sales receipts in December 285,567