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Budgeted Cash Collections, Budgeted Cash Payments 40 percent of credit sales in the month of the sale 35 percent of credit sales in the first

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Budgeted Cash Collections, Budgeted Cash Payments 40 percent of credit sales in the month of the sale 35 percent of credit sales in the first subsequent month 20 percent of credit sales in the second subsequent month 5 percent of credit sales in the third subsequent month The forecast for both cash and credit sales is as follows. Required: 1. What is the forecasted cash inflow for Ragman Company for May? \& x Because of this policy change, what will happen to the total expected cash inflow related to sales made in April? (CMA adapted) Cash will by s

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