Multiple Choice
For Dubinsky Company,experience has shown that payment for the credit sales is received as follows: 10% in the month of sale,65% in the first month after sale,20% in the second month after sale,and 5% uncollectible.Dubinsky Company has budgeted the following credit sales during the last four months of the year: September,$20,000;October,$24,000;November $22,000;December,$28,000.How much cash can Dubinsky Company expect to collect in November as a result of credit sales?
A) $17,800
B) $19,600
C) $21,800
D) $22,000
Correct Answer:

Verified
Correct Answer:
Verified
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