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Gastone Inc. has estimated the following forecasted sales for a 3 -month period: On average, 60% of sales are collected in the month of sale,
Gastone Inc. has estimated the following forecasted sales for a 3 -month period: On average, 60% of sales are collected in the month of sale, 39% in the following month, and the remaining 1% is never collected. Determine the budgeted cash receipts for September? $31,110$30,270$29,100$29,000
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