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Question 14 A local business owner reports the following projections for next year Budgeted sales January $161,000 February $200,000 All sales are on credit. Based

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Question 14 A local business owner reports the following projections for next year Budgeted sales January $161,000 February $200,000 All sales are on credit. Based on past experience, the company's owner indicates that 74% of all sales is collected in the month of sale and 26% in the following month. How muc S153,920 $173,220 $195,780 $318,940

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