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Feeney Furniture prepared the following sales budget Month Cash Sales Credit Sales March $23.000 $12.000 April $36.000 $18,000 May $42,000 $36.000 June $56,000 $48.000 Credit
Feeney Furniture prepared the following sales budget Month Cash Sales Credit Sales March $23.000 $12.000 April $36.000 $18,000 May $42,000 $36.000 June $56,000 $48.000 Credit collections are 5% two months following the sale, 30% in the month following the sale, and 62% in the month of sale. The remaining 3% is expected to be uncollectible What is the total cash received in April from the April sales at Feeney Furniture? O A $24,840 OB. $47,160 O C. $11,160 OD 554.000 Click to select your
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