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Junior Snacks reports the following information from its sales budget: Expected Sales: October $152,000 November 160,000 December 196,000 All sales are on credit and are

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Junior Snacks reports the following information from its sales budget: Expected Sales: October $152,000 November 160,000 December 196,000 All sales are on credit and are expected to be collected 40% in the month of sale and 60% in the month following sale. The total amount of cash expected to be received from customers in November is

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