Junior Snacks reports the following information from its sales budget:
Expected sales: October $ 143,000 November 151,000 December 187,000
All sales are on credit and are expected to be collected 40% in the month of sale and 60% in the month following sale. The total amount of cash expected to be received from customers in November is:
A. $146,200.
B. $85,800.
C. $151,000.
D. $236,800.
E. $60,400.
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