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Assignment The PDQ Company makes collections on credit sales according to the following schedule: i, 25% in month of sale 70% in month following sale

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Assignment The PDQ Company makes collections on credit sales according to the following schedule: i, 25% in month of sale 70% in month following sale 4% in second month following sale 1% uncollectible The following sales have been budgeted: Month April May June Cash collections in June would be? Sales $120.000 $110.000

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