Eagle Outfitter's store in Butte, Montana, is projecting sales as follows: January, $50,000; February, $80,000; March, $40,000;
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Eagle Outfitter's store in Butte, Montana, is projecting sales as follows: January, \$50,000; February, \$80,000; March, \$40,000; April, \$50,000. Cash sales are \(60 \%\) of total sales; credit sales are \(40 \%\). Prepare the sales budget showing the portion of total sales estimated as cash sales and credit sales.
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To prepare the sales budget we need to calculate the cash sales and credit sales for ...View the full answer
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