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Refer to information from qs assume 20 of turkss sales are

Question: Refer to information from QS. Assume 20% of Turks's sales are for cash. The remaining 80% are credit sales; these customers pay in the month following the sale. Compute the budgeted cash receipts for June.

QS: Turks sells miniature digital cameras for $400 each. 900 units were sold in May, and it forecasts 5% growth in unit sales each month. Determine

(a) the number of camera sales and

(b) the dollar amount of camera sales for the month of June.

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Accounting Basics: Refer to information from qs assume 20 of turkss sales are

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