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Distribution Corporation collects 35% of a month's sales in the month of sale, 45% in the month following sale, and 20% in the second month

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Distribution Corporation collects 35% of a month's sales in the month of sale, 45% in the month following sale, and 20% in the second month following sale. Budgeted sales for the upcoming four months are The amount of cash that will be collected in July is budgeted to be A. $66.500 B, $183,000 C. $171,000 D. $116, 500

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