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Northwest Corporation collects 35% in the second month following sale, 45% in the month following sale and 20% of a month's sales in the month
Northwest Corporation collects 35% in the second month following sale, 45% in the month following sale and 20% of a month's sales in the month of sale. Budgeted sales for the upcoming four months are: April budgeted sales $70,000 May budgeted sales $110,000 June budgeted sales $290,000 July budgeted sales $150,000 The amount of cash that will be collected in July is budgeted to be O A. $205,000 0 B. $199,000 c. $30,000 0 D. $169,000
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