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Question 13 2 pts All of Q Corporation's sales are on account. Sixty percent of the credit sales are collected in the month of

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Question 13 2 pts All of Q Corporation's sales are on account. Sixty percent of the credit sales are collected in the month of sale, 25% in the month following the sale, and 10% in the second month following the sale. The remainder are deemed uncollectible. The follow are budgets sales for Porter: January February March Total Sales $400,000 $600,000 $500,000 April $700,000 Cash receipts in April are expected to be: $185,000 $420,000 $545,000 $605,000 11

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