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1. Kredit-Sale Co's sales are all credit sales. 40% of the credit sales are collected in the month of sale, 30% in the month following

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1. Kredit-Sale Co's sales are all credit sales. 40% of the credit sales are collected in the month of sale, 30% in the month following sale, and 25% in the second month following the sale. The remainder are uncollectible. The following are budgeted sales data: Calculate the total expected cash receipts for April

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