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Leaning Tower of Pizza, Inc. is preparing its master budget for its first year of business. It expects to sell 8,000 pizzas per month at
Leaning Tower of Pizza, Inc. is preparing its master budget for its first year of business. It expects to sell 8,000 pizzas per month at $7 per pizza. It expects to collect 90% of the sales revenue in the month of the sale and 10% in the following month. Calculate its accounts receivable balance at the end of its first year
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