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Eds Waterbeds has made the following sales projections for the next six months. All sales are credit sales. March $ 36,000 June $ 40,000 April
Eds Waterbeds has made the following sales projections for the next six months. All sales are credit sales. March $ 36,000 June $ 40,000 April 42,000 July 48,000 May 31,000 August 50,000 Sales in January and February were $39,000 and $38,000 respectively. Experience has shown that 10 percent of total sales are uncollectible, 25 percent
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