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Given the following information on sales volume in units:Jan. 4,000 Feb. 4,400 Mar. 4,200 Assuming a sales price of $25.00 per unit, calculate the total
- Given the following information on sales volume in units:Jan. 4,000
- Feb. 4,400
- Mar. 4,200
Assuming a sales price of $25.00 per unit, calculate the total budgeted March cash inflows from customers assuming 70% of all sales are on account of which collections on account are estimated at 30% in the month of sale and 70% in the month following.$ 75,950$ 53,550$140,450$107,450None of the above
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please explain!
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