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Please help with these 3 questions 1. 2. 3. Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the
Please help with these 3 questions
1.
2.
3.
Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business- September, October, and November-are $234,000, $306,000, and $417,000, respectively. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the sale The cash collections expected in November from accounts receivable are projected to be: Oa. $233,520 Ob. $276,360 c. $190,680 Od. $331,632Step by Step Solution
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