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Question 16 0.6 out of 0.6 points Kennedy Enterprises has budgeted sales for the months of September and October at $180,000 and $200,000, respectively. Monthly
Question 16 0.6 out of 0.6 points Kennedy Enterprises has budgeted sales for the months of September and October at $180,000 and $200,000, respectively. Monthly sales are 80% credit and 20% cash Of the credit sales, 10% are collected in the month of sale and 90% are collected in the following month. What are the October cash collections from customers? Selected Answer. $185,600 Answers $185,600 $198,400 $145,600 $56,000
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