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Question 2 (2.5 points) Lemon Inc. had the following sales budgeted: Lemon's collection pattern is 40% in month of the sale, 50% in month following

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Question 2 (2.5 points) Lemon Inc. had the following sales budgeted: Lemon's collection pattern is 40% in month of the sale, 50% in month following the sale and 10% in second month following the sale. What is Lemon's budgeted cash collections for January

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