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In the coming year, Bramble, Inc. will be introducing its first product, a wrist brace that protects serious video gamers from repetitive motion injuries. The

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In the coming year, Bramble, Inc. will be introducing its first product, a wrist brace that protects serious video gamers from repetitive motion injuries. The brace will be sold for $12.00 to retailers throughout the country. All sales will be made on account. An expected 65% of sales will be collected within the quarter of the sale, and another 30% in the quarter following the sale. The remaining 5% of credit sales are expected to be uncollectible. The sales budget for the coming year is as follows: 2nd Quarter 3rd Quarter 4th Quarter 1st Quarter 23,000 Budgeted sales units 43,000 53,000 84,000 Prepare Bramble, Inc's cash receipts budget for the coming year. (Enter answers in necessary fields only. Leave other fields blank. Do not enter 0. Round "Budgeted sale price" and "Cash Receipts Budgets" answers to 2 decimal places, eg. 52.75 and all other answers to O decimal places, e.g. 5,275.) Sales Budget laces, eg. 5,275.) Sales Budget 3rd Quarter 4th Qui 1st Quarter 2nd Quarter Budgeted units sold 24000 $ $ A 1300 $ Budgeted sales price $ $ $ 312000 $ Budgeted sales revenue Sales Budget 3rd Quarter Annual 2nd Quarter 4th Quarter $ $ $ TA $ $ $ $ Question 3 of 9 0.15 / Cash Receipts Budget 1st Quarter 2nd Quarter 3rd Quarter 4t1 20280000 1st quarter sales $ 9360000 $ $ 2nd quartersales 3rd quarter sales 4th quarter sales Totals ron Cash Receipts Budget Quarter 3rd Quarter 4th Quarter Bad Debts 9360000 $ $ I THE NA $ A Determine the Net Accounts Receivable at the end of the year. Net Accounts Receivable $ e Textbook and Media Save for Later

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