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asap please and thank you Five Friends Relocation Company prepared the following sales budget: Credit collections are 30% in the month of sale, 55% in
asap please and thank you
Five Friends Relocation Company prepared the following sales budget: Credit collections are 30% in the month of sale, 55% in the month following the sale, and 10% two months following the sale. The remaining 5% is expected to be uncollectible. What is the total cash received in April to account for the April sales at Five Friends Relocation Company? A. $34,100 B. $2,100 C. $6,000 D. $38,000 Step by Step Solution
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