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he firm has projected sales of $30,000 in June, $25,000 in July, and $20,000 in August. 20% of sales are collected in the month of
he firm has projected sales of $30,000 in June, $25,000 in July, and $20,000 in August. 20% of sales are collected in the month of the sale and 80% are collected in the month following the sale. What are cash receipts in August? Multiple choice question. $20,000 $24,000 $21,000 $29,000
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Performance Auditing
Authors: Shrivastava A.
1st Edition
8131316254, 978-8131316252
