Spencer Company expects cash sales for July of $12,000, and a 10% monthly increase during
August and September. Credit sales of $4,000 in July should be followed by 25% increases
during August and September.
What are budgeted cash sales and budgeted credit sales for
September respectively?
A) $14,520 and $6,250 B) $14,400 and $6,250
C) $14,520 and $6,000 D) $13,200 and $6,000
A
Business
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