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Question 42 View Policies Current Attempt in Progress Sheridan Company reported the following information for 2019: October November December Budgeted sales $1230000 $1280000 $1530000 All

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Question 42 View Policies Current Attempt in Progress Sheridan Company reported the following information for 2019: October November December Budgeted sales $1230000 $1280000 $1530000 All sales are on credit. Customer amounts on account are collected 50% in the month of sale and 50% in the following month. How much cash will Sheridan receive in November? $1255000 O $1280000 O $640000 O $1405000

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