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11. Flesher company is preparing a cash budget for next year. The first four-month sales are $100,000, $200,000, $300,000, $100,000. Half sales made in cash
11. Flesher company is preparing a cash budget for next year. The first four-month sales are $100,000, $200,000, $300,000, $100,000. Half sales made in cash and the another on credit. According to previous experiences, 70% credit sales be received in the month following, 20% credit sales be received in the following two months, 10% credit sales be received in the following three months. How much cash will be received in April?
A.$130,000
B.$180,000
C.$260,000
D.$360,000
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