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Avril Company makes collections on sales according to the following schedule: 35% in the month of sale 61% in the month following sale 4% in
| Avril Company makes collections on sales according to the following schedule: |
| 35% in the month of sale |
| 61% in the month following sale |
| 4% in the second month following sale |
| The following sales have been are expected: |
| Expected Sales | |
| January | $120,000 |
| February | $130,000 |
| March | $120,000 |
| Budgeted cash collections in March should be budgeted to be: |
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Are You Legal A Personal Legal Audit And Empowerment Tool
Authors: Nelson P. Miller
1st Edition
099055533X, 978-0990555339
