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Jason Ds expected sales for the next five months are as follows: February $175,000 March $192,000 April $145,000 May $135,000 June $136,500 July $130,000 August
Jason Ds expected sales for the next five months are as follows:
February $175,000
March $192,000
April $145,000
May $135,000
June $136,500
July $130,000
August $156,000
Collection history for the company indicates that 65% of sales are collected in the month of the sale and 35% is collected in the following month. How much are total budgeted cash receipts for April? For May? For June?
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