Answer:
Total budgeted cash collections in January by Yekstop Corp. are $ 73,971
Explanation:
Sales November December January
Cash Sales 96000 125000 78000
Credit Sales 288000 450000 234000
Collectible Sales 96% 276480 432000 224640
Receipt
This Month 65% of Collectible 179712 280800 146016
Next Month 35% of Collectible 0 96768 151200
Inventory
Total Sales 384000 575000 312000
Inventory 75% of Sale 288000 431250 234000
Inventory Value 60% cost 172800 258750 140400
Payments
This Month 30% 51840 77625 42120
Next Month 70% 0 120960 181125
Total Receipt in January = 146016 + 151200 = 297216
Total Payments in January = 42120 + 181125 = 223245
Net receipt in January = 297216 - 223245 = $73,971