JP Co has budgeted that sales will be 501,500 in Februa...
问答题JP Co has budgeted that sales will be 
501,500 in February, 320,500 in April. Half of sales will be credit sales. 80% of receivables are expected to pay in the month after sale, 15% in the second month after sale, while the remaining 5% are expected to be bad debts.
Receivables who pay in the month after sale can claim a 4% early settlement discount.
What level of sales receipts should be shown in the cash budgetfor March20X2 (to the nearest $)?
