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QUESTION 2 The BRS Corporation makes collections on sales according to the following schedule: 30% in month of sale 60% in month following sale 10%
QUESTION 2 The BRS Corporation makes collections on sales according to the following schedule: 30% in month of sale 60% in month following sale 10% in second month following sale The following sales have been budgeted: April May June Sales $ 140,000 $ 130,000 $ 150,000 Budgeted cash collections in June would be: 137,000 85,000 45,000 123,000
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