All sales are on account. 35% of the sales are collected in the month of sale, 45% in the following month, the remainder in the second following month. Budgeted sales for Jan., Feb., Mar. are $50,000; $60,000; $40,000. How much cash is collected in March

Total cash collection March= $51,000

Explanation:

Giving the following information:

All sales are on account.

35% of the sales are collected in the month of sale, 45% in the following month, the remainder in the second following month.

Cash collection March:

Sales on account from March= (40,000*0.35)= 14,000

Sales on account from February= (60,000*0.45)= 27,000

Sales on account from January= (50,000*0.2)= 10,000

Total cash collection March= $51,000

Answer and explanation:

In case a species is in danger of extinction, there is no better solution but to keep the habitat of that species out of the reach of people. In that way, specialists can intervene to find out if something can be done to avoid the extinction of the species and if its regular population growth can be restored. Unfortunately, this scenario will not allow visitors to see uncommon species such as the vaquita, saola or the pangolin.