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Budgeting Cash Collections Lowell Consulting, which sells on terms 2 1 0 , n 3 0 , had credit sales for March and April of
Budgeting Cash Collections
Lowell Consulting, which sells on terms had credit sales for March and April of $ and $ respectively. Analysis of Lowell's operations indicates that the pattern of customers' payments on account is as follows percentages are of total monthly credit sales:
tableReceiving Discount,Beyond Discount Period,TotalsIn month of sale,
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