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Question 31 The following credit sales are budgeted by Bramble Electronics: $123300 January February March April May 119000 135800 139200 141900 The company's past experience
Question 31 The following credit sales are budgeted by Bramble Electronics: $123300 January February March April May 119000 135800 139200 141900 The company's past experience indicates that 50% of the accounts receivable are collected in the month of sale, 30% in the month following the sale, and 19% in the second month following the sale. 1 percent are uncollectible. How much does the company anticipate as cash receipts for March? $134442 $127027 $136621 $123152
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