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Calculate the total cash collections for June Mask-Up Davis makes face masks for kids. Using the table below, calculate the total cash collections for June.
Calculate the total cash collections for June
Mask-Up Davis makes face masks for kids. Using the table below, calculate the total cash collections for June. April Sales Budget $40,000 May Sales Budget $35,000 June Sales Budget $30,000 Percent Cash Sales 15% Percent Credit Sales Collected in Month of Sale 40% Remainder credit sales are collected in the month following $37,500 $32,450 $32,550 $14,700Step by Step Solution
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