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Acompany's past experience indicates that 600 of its credit sales are collected in the month of sale, 3006 in the next month, and 5% in

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Acompany's past experience indicates that 600 of its credit sales are collected in the month of sale, 3006 in the next month, and 5% in the second month after the sale, the retsainder is never collected. Budgeted credit sales for the first quarter are: Budgeted cash receipts for the month of Marchare $409900$336000$426300$347800

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