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Budgeted Cash Collections The Smile Doctor offers terms of 3/10, n/30, with a 10% discount on patient payments made with cash. The Smile Doctor estimates
Budgeted Cash Collections The Smile Doctor offers terms of 3/10, n/30, with a 10\% discount on patient payments made with cash. The Smile Doctor estimates its total billings for the first calendar quarter of the year as follows: January, $125,000; February, $110,000; and March, $130,000. Historically, the Smile Doctor has had the following patient collection patterns: What would the Smile Doctor's budgeted total cash collections be for March? $
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