Camellia, a merchandising company, has provided the following extracts from their budget for the fir

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Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year Feb Jan March Sales (25% cash ) The company collects 60% of credit sales in the same month and the balance in the next month. Calculate the collections from the customers for the month of February. $450,000.00 $600,000.00 $900,000.00 A. $555,000.00 O B. $405,000.00 O C. $600,000.00 O D. $420,000.00