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Analytical Budget Drill #1 Spin Cycle Company budgeted its January sales to be 10,000 units of its interactive belts. Because of an a Spin
Analytical Budget Drill #1 Spin Cycle Company budgeted its January sales to be 10,000 units of its interactive belts. Because of an a Spin Cycle expects aggressive marketing campaign, s sales to increase by 1,000 each month. The selling e is $36 each. Based on past experience, 30% of the sales are for cash 50% a on account. Of those belts sold on account, e collected in the same month as the sale, 30% are collected one month later and 20% are collected two months later. What are budgetec cash
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