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Eastern Corporation collects 60% in the second month folowing sale, 35% in the month following sale and 5% of a month's sales in the month
Eastern Corporation collects 60% in the second month folowing sale, 35% in the month following sale and 5% of a month's sales in the month of sale. Budgeted sales for the upcoming four months are Aprilbud May budgeted sales Jure budgeted sales 5110 000 $100,000 $220.000 CA5137,00D OB517200 OC. $7.500 D $144500 Cick to set your answer Previous April budgeted sales $110,000 May budgeted sales $100,000 June budgeted sales $220,000 July budgeted sales $150,000 The amount of cash that will be collected in July is budgeted to be O A. $137,000 OB. $172,000 O c. $7,500 OD. $144,500 Click to select your
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