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1 A company reports the following budgeted sales: August, $470,000; and September $510,000. Cash sales are 40% of total sales, and all credit sales are

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1 A company reports the following budgeted sales: August, $470,000; and September $510,000. Cash sales are 40% of total sales, and all credit sales are collected in the month following the sale. Total cash receipts for September are: 3 points Multiple Choice 8 01:58:06 eBook $204,000 Print $486,000

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