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Moving to another question will Question 3 A Company makes collections on sales according to the following schedule: 30% in the month of sale 60%
Moving to another question will Question 3 A Company makes collections on sales according to the following schedule: 30% in the month of sale 60% in the month following sale 10% in the second month following sale The following sales are expected: January February March Expected Sales $ 141,000 $ 155,000 $ 146,000 Cash collections in March should be budgeted to be: $136,800. $146,000. $150,900. $146,500
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