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22-3 Liza's predicts sales of dollar 42,000 for May and dollar 53,000 for June. Assume 70% of Liza's sales are for cash. The remaining 30%
22-3
Liza's predicts sales of dollar 42,000 for May and dollar 53,000 for June. Assume 70% of Liza's sales are for cash. The remaining 30% are credit sales; these customers pay in the month following the sale. Compute the budgeted cash receipts for JuneStep by Step Solution
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