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At the beginning of the year, Lakeview Corporation has 690 life vests in inventory. The company wants to have 2300 vests in inventory at the

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At the beginning of the year, Lakeview Corporation has 690 life vests in inventory. The company wants to have 2300 vests in inventory at the end of the year and plans to sell 6100 life vests during the year. How many life vests must Lakeview Corporation produce during the year? Kennedy Enterprises has budgeted sales for the months of September and October at $170,000 and $140,000, respectively. Monthly sales are 60% credit and 40% cash. Of the credit sales, 30% are collected in the month of sale and 70% are collected in the following month. What are the October cash collections from customers

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