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4. Given the following information, complete the cash budget: a. Collections occur one month after the sale. b. January's credit sales were $80,000. c. The
4. Given the following information, complete the cash budget: a. Collections occur one month after the sale. b. January's credit sales were $80,000. c. The firm has a certificate of deposit for $40,000 that matures in April. d. Salaries are $145,000 a month. e. The monthly mortgage payment is $25,000. f. Monthly depreciation is $20,000. g. Property tax of $35,000 is due in February
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