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Frankie's Chocolate Co. reports the following information from its sales budget: Expected Sales: July $ 92,140 August $ 103,336 September $ 121,271 Cash sales are
Frankie's Chocolate Co. reports the following information from its sales budget: Expected Sales: July $ 92,140 August $ 103,336 September $ 121,271 Cash sales are normally 35% of total sales and all credit sales are expected to be collected in the month following the date of sale. The total amount of cash expected to be received from customers in September is: Frankie's Chocolate Co. expects to sell the following units for $25/each. Expected Sales: July 16,926 August 10,191 September 19,658 If the company expects half of its sales to be cash and half to be credit, what are total cash sales (in dollars) for August
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