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Multiple Choice Question 122 The following credit sales are budgeted by Concord Corporation: $294000 380000 January February March April 440000 460000 The company's past experience
Multiple Choice Question 122 The following credit sales are budgeted by Concord Corporation: $294000 380000 January February March April 440000 460000 The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following the sale, and 8% in the second month following the sale. The anticipated cash inflow for the month of April is $407520. O $440400. O $456800. 0 $410000. Open Show Work Click if you would like to Show Work for this question: Acct G SUBMT SAVE FOR LATER Nuestion Attempts: 0 of 1 used
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