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Question 10 0.75 points Save Ans Jane Enterprise estimates its sales at 12,000 units in the first quarter and that sales will increase by 12,000
Question 10 0.75 points Save Ans Jane Enterprise estimates its sales at 12,000 units in the first quarter and that sales will increase by 12,000 units each quarter over the year. Each unit sells at $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. What are the budgeted total cash collections for the first quarter? O A. $426,000 O B. $546,000. O C. $246,000 O D. $106,000
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