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10. Marigold Corp. has the following budgeted sales: Marigold Corp. has the following budgeted sales: January $160000, February $210000, and March $180000, 40% of the
10. Marigold Corp. has the following budgeted sales:
Marigold Corp. has the following budgeted sales: January $160000, February $210000, and March $180000, 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts for March are: $180000 $192000 $189000 $156000 Step by Step Solution
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