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Evan Company makes 40 percent of its sales in cash. Credit sales are collected as follows: 70 percent in the month of sale and 30

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Evan Company makes 40 percent of its sales in cash. Credit sales are collected as follows: 70 percent in the month of sale and 30 percent in the month following the sale. Evan's budgeted sales for upcoming months follow: What is Evan's accounts receivable balance in August

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