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Benton Company's sales budget shows the following expected total sales: The company expects 70% of its sales to be on account (credit sales). Credit sales

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Benton Company's sales budget shows the following expected total sales: The company expects 70% of its sales to be on account (credit sales). Credit sales are collected as follows: 25% in the month of sale and 698 in the month following the sale, with the remainder being uncollectible and written off. The total cash receipts during April would be: Multiple Choice $23200 $22575 325,005

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