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A company's cash collections on sales are predicted to follow this schedule: 60$ in month of sale 37% in month following sale 3$ in second

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A company's cash collections on sales are predicted to follow this schedule: 60$ in month of sale 37% in month following sale 3$ in second month following sale The following sales have been budgeted: April May June Sales $160,000 $170,000 $160,000 Budgeted cash collections in June would be: Multiple Choice $160,000 O $163.700 $160,480 $158,900

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