Devin Corporation generally collects 20 percent of its sales in the month of sale, 30 percent in the next month, 40 percent in the next month, and 10 percent in the third month after the sale. Based on a sales forecast of $60 for March, $100 for April, $75 for May, and $85 for June, estimate cash collections for June

A) $80.5
B) $83.0
C) $85.5
D) $88.5

C

Business

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A) global B) domestic C) federally chartered D) direct investment E) free trade zone

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Fill in the blank(s) with correct word

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