Question : 128.Ratchet Manufacturing anticipates total sales for August, September, and October : 1258645
128.Ratchet Manufacturing anticipates total sales for August, September, and October of $200,000, $210,000, and $220,500 respectively. Cash sales are normally 25% of total sales and the remaining sales are on credit. All credit sales are collected in the first month after the sale. Compute the amount of cash received for September. A. $150,000. B. $202,500. C. $157,500. D. $102,500. E. $307,500. 129.Ratchet Manufacturing anticipates total sales for August, […]