Business, 16.12.2020 16:50 asdf334asdf334

Pigskin Inc. produces and sells leather handbags. Sales are 40% in cash and 60% on account. Cash from sales on account is collected 50% in the month of sale and 50% in the month following. In February, Pigskin has total sales revenue of $160,000 and total cash collections of $172,000. Compute the total sales revenues for the month of January. Group of answer choices $200,000 $220,000 $60,000 $120,000 None of the other answers are correct

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Pigskin Inc. produces and sells leather handbags. Sales are 40% in cash and 60% on account. Cash fro...

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