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Avril Company makes collections on sales according to the following schedule: 40% In the month of sale 56% In the month following sale 4% In
Avril Company makes collections on sales according to the following schedule: 40% In the month of sale 56% In the month following sale 4% In the second month following sale The following sales are expected: Cash collections In March should be budgeted to be: $158,000 $149,600 $150, 000 $150,840
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