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Company A has budgeted sales for March - - $ 2 0 0 0 ; budgeted sales for April - - $ 5 0 0
Company A has budgeted sales for March $; budgeted sales for April $
Assuming all sales are on credit. Company A indicates that of all sales is collected in the month
of sale and in the following month. How much cash will the company receive in
April?
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