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please help Marigold Corp.estimates its sales at 220000 units in the first quarter and that sales will increase by 23000 units each quarter over the
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Marigold Corp.estimates its sales at 220000 units in the first quarter and that sales will increase by 23000 units each quarter over the year. They have, and desire, a 25% ending inventory of finished goods. Each unit sells for $25.40% of the sales are for cash 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at O $3753500 O $7623318 $5453000 O $6546500 Step by Step Solution
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