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Hello, I need assistance on the following problem: A company has the following budgeted sales: July200,000 August 300,000 September 250,000 20% of the sales are

Hello, I need assistance on the following problem:

A company has the following budgeted sales:

July200,000

August 300,000

September 250,000

20% of the sales are for cash and 80% are on credit. 25% of the credit sales are collected in the month of sale, and 75% are collected the next month.

What are the total expected case receipts during September?

I am trying to understand how to solve this problem, any help will be appreciated.

Thank you.

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