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Multiple Choice Question 175 The following credit sales are budgeted by Sheffield Corp.: February 212000 March 296800 April 254400 The company's past experience indicates that

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Multiple Choice Question 175 The following credit sales are budgeted by Sheffield Corp.: February 212000 March 296800 April 254400 The company's past experience indicates that 80% of the accounts receivable are collected in the month of sale, 20% in the month following the sale. The anticipated cash inflow for the month of Aprilis $213696 $228960 $262880 $183168

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