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Cash sales are normally 25% of total sales and all credit sales are expected to be collected in the month following the date of sale.

  • The Banana Republic Company reports the following information from its sales budget: July August September Cash sales are normally 25% of total sales and all credit sales are expected to be collected in the month following the date of sale. 

  • Calculate the total amount of cash expected to be received from customers in September?

The Banana Republic Company reports the following information from its sales budget: July August September $90,000 $104,000 $120,000 Expected sales

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