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Liza's predicts sales of $47,000 for May and $65,000 for June. Assume 60% of Liza's sales are for cash. The remaining 40% are credit sales;
Liza's predicts sales of $47,000 for May and $65,000 for June. Assume 60% of Liza's sales are for cash. The remaining 40% are credit sales; these customers pay in the month following the sale. Compute the budgeted cash receipts for June
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