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help Clay Co's projected sales are as follows: Clay estimates that it will collect 30% in the month of sale, 50% in the month after
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Clay Co's projected sales are as follows: Clay estimates that it will collect 30% in the month of sale, 50% in the month after the sale, and 18% in the second month following the sale. Two percent of all sales are estimated to be bad debts. How much are Clay Co's budgeted cashreceipts for October? Budgeted Cash Receipts Step by Step Solution
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