The Gomez Company, a merchandising firm, has budgeted its activity for December according to the following information. The budgeted cash receipts for December are:

The Gomez Company, a merchandising firm, has budgeted its activity for December according to the following information. The budgeted cash receipts for December are:





A. $125,000
B. $375,000
C. $530,000
D. $500,000




Answer: D


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