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Miller Company expects its November sales to be 25% higher than its October sales of $250,000. All sales are on October and are expected to

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Miller Company expects its November sales to be 25% higher than its October sales of $250,000. All sales are on October and are expected to be $120,000 in November. Purchases are paid 35% in the month of purchase and 6 O A. $126,625 OB. $266,525 O c. $113,225 OD. $140,025 I Question 7 of 15 This question: 1 points All sales are on credit and are collected as follows: 25% in the month of the sale and 70% in the following month. Purchases were $130,000 in urchase and 65% in the following month. The cash balance on November 1 is $13,400. The cash balance on November 30 will be

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