Answer:
$264,000
Explanation:
The computation of total cash collection in April is shown below:-
From March Sales = $240,000 x 35%
= $84,000
From April Sales = $300,000 x 60%
= $180,000
Total Collection in April = $84,000 + $180,000
= $264,000
So, we have applied the above formula for determining the cash collection for April.
The same is to be considered
