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Question 3 is based on the following. Philly Inc.s budget provides the following data for projected sales: January $240,000 February $200,000 March $250,000 April $230,000
Question 3 is based on the following. Philly Inc.s budget provides the following data for projected sales: January $240,000 February $200,000 March $250,000 April $230,000 Philly usually collects 40% of its sales during the month of sale, 45% in the month following the sale, and 15% in the second month following the sale. Flag question: Question 3 Question 32 pts Cash collections in April would be: Group of answer choices $92,000 $234,500 $204,500 $227,000
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