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Gammaro Corporation has found that 80% of its sales in November sales for last year were $105,000, while any given month are credit sales, while
Gammaro Corporation has found that 80% of its sales in November sales for last year were $105,000, while any given month are credit sales, while the remainder are December sales were $110,000. Projected sales cash sales. Of the credit sales, Gammaro Corporation has for the next three months are as follows: experienced the following collection pattern: Requirement Prepare a cash collections budget for the first quarter, with a column for each month and for the quarter. (Round your answers to the nearest whole dollar.) Cash Collections Budget For the Months of January through March
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