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Cheeets United makes collections on sales according to the following schedule: 40% in month of sale 56% in month following sale 4% in second month

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Cheeets United makes collections on sales according to the following schedule: 40% in month of sale 56% in month following sale 4% in second month following sale The following sales have been budgeted: Sales April $ 150,000 May $ 160,000 June 150,000 Budgeted cash collections in June would be

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