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Question 15 0.25 points Save Answer Natcher Corporation collects 45% of a month's sales in the month of sale, 40% in the month following sale,

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Question 15 0.25 points Save Answer Natcher Corporation collects 45% of a month's sales in the month of sale, 40% in the month following sale, and 15% in the second month following sale. The company has found that 5% of their sales are uncollectible. Budgeted sales for the upcoming four months are: August budgeted sales September budgeted sales October budgeted sales November budgeted sales $280,000 $320,000 $400,000 $230,000 The amount of cash that will be collected in November is budgeted to be O $311,500 $230,000 $103,500 $338,500

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