Seventy percent of pitkin corporation's sales are collected in the month of sale, 20% in the month following sale, and 10% in the second month following sale. the following are budgeted sales data for the company: january february march april budgeted sales $200,000 $300,000 $350,000 $250,000 total budgeted cash collections in april would be: question 2 options: a) $175,000 b) $70,000 c) $30,000 d) $275,000

Hence, the  Total budgeted cash collections in April would be $275,000

Thus, the correct option is D $275,000

Explanation:

Budgeted Sales : The budgeted sales is that type of sale which is to be achieved in the future.

The computation of Total budgeted cash collections in April would be shown below

= 70% of April Month + 20% of march month + 10% of February month

= 70 % × $250,000 + 20% × $350,000  + 10%  × $300,000

= $175,000 + $70,000 + $30,000

= $275,000

Hence, the  Total budgeted cash collections in April would be $275,000

Thus, the correct option is D $275,000

answer; a set of mutual funds with similar risk characteristics to your mutual fund;