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In preparation for the quarterly cash budget, the following revenue and cost information have been compiled. Prepare and evaluate a cash budget for the months

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In preparation for the quarterly cash budget, the following revenue and cost information have been compiled. Prepare and evaluate a cash budget for the months of October, November, and December based on the information shown below. Month Sales 10000 August (actual) September 30000 October 10000 40000 November December 10000 The firm collects 30 percent of sales for cash and 40 percent of its sales one month later and the remaining after two month

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