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junior Snacks reports the following information from its sales budget: Expected Sales: October $ 141,000 November 149,000 December 185,000 All sales are on credit and
junior Snacks reports the following information from its sales budget:
Expected Sales: | October | $ | 141,000 | |
November | 149,000 | |||
December | 185,000 | |||
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:
Multiple Choice
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$144,200.
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$84,600.
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$149,000.
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$233,600.
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$59,600.
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