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Big Wheel, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale. Sales

Big Wheel, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale. Sales on account are budgeted to be $225k for March and $250k for April. What are the budgeted cash receipts from credit sales on April

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