Distribution Corporation collects 40% of a month's sales in the month of sale, 55% in the month following sale, and 5% in the second month following sale. Budgeted sales for the upcoming four months are:April budgeted sales$100,000May budgeted sales$150,000June budgeted sales$230,000July budgeted sales$180,000The amount of cash that will be collected in July is budgeted to beA) $72,000.B) $179, 500.C) $206,000.D) $195, 500.

C) $206,000.

Explanation:

The budgeted amount of cash that will be collected in July can be obtained adding the amount due to be collected in July. This can be estimated as follows:

Budgeted cash from May budgeted sales = $150,000 * 5% = $7,500

Budgeted cash from June budgeted sales = $230,000 * 55% = $126,500

Budgeted cash from July budgeted sales = $180,000 * 40% = $72,000

By adding all the above together, we have:

July budgeted cash collection = $7,500 + $126,500 + $72,000 = $206,000

Therefore, the amount of cash that will be collected in July is budgeted to be $206,000.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.