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Coronado Industries reported the following information for 2016: December October $1180000 November $1100000 Budgeted sales $1380000 All sales are on credit Customer amounts on account

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Coronado Industries reported the following information for 2016: December October $1180000 November $1100000 Budgeted sales $1380000 All sales are on credit Customer amounts on account are collected 50% in the month of sale and 50% in the following month. How much cash will Coronado receive in November? O A. S1140000 B. 5550000 OC. $1240000 OD. $1100000 Reset Selection

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