Business, 17.08.2021 04:10 anitadefrances

Use the following information to answer the next 5 questionsLash Corporation has the following sales budget for the last half of 2000:(Assume all credit sales)July $100,000 October $90,000August 80,000 November 100,000September 110,000 December 94,000Historically, the cash collection of sales has been as follows:65 percent of sales collected in month of sale,25 percent of sales collected in month following sale, and10 percent of sales collected in second month following sale.1) What are the expected cash collections in September?a. 86000b. 97100c. 98500d. 1015002) What is acciounts receivable at September 30?a. 8000b. 46500c. 71500d. 1100003) What are the expected cash collections in November?a. 86000b. 97100c. 98500d. 1015004) What are the expected cash collections in December?a. 86000b. 95100c. 98500d. 1015005) What us accounts Receivable at Decemeber 31?a. 10000b. 15000c. 32900d. 42900

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Use the following information to answer the next 5 questionsLash Corporation has the following sales...