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Beta Corporation is estimating the following sales on account for the first four months of next year: Month Credit Sales January $230,000 February | $250,000
Beta Corporation is estimating the following sales on account for the first four months of next year: Month Credit Sales January $230,000 February | $250,000 March $280,000 April $320,000 Sales are normally collected 60% in the month of sale and 40% in the month following the sale. All sales are on account. Based on this information, how much cash should Beta Corporation expect to collect during the month of April? $268,000 $304,000 $192,000 $370,000
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