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help please! Dove Corporation began its operations on September 1 of the current year, Budgeted sales for the first three months of business are $237,000.
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Dove Corporation began its operations on September 1 of the current year, Budgeted sales for the first three months of business are $237,000. $310,000, and $423,000, respectively, for September, October, and November. The company expects to sell 25% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale and 30% in the month following the sale. The cash collections in November are b. 5197575 b. 5105.750 c. $222,075 d. 5477.050 Step by Step Solution
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