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Question 6 of 10 Surrent Attempt in Progress The following credit sales are budgeted by Kingbird Discount Retail Company: January $367200 February 540000 March
Question 6 of 10 Surrent Attempt in Progress The following credit sales are budgeted by Kingbird Discount Retail Company: January $367200 February 540000 March 756000 April 648000 0/3 E The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following the sale, and 8% in the second month following the sale. The anticipated cash inflow for the month of March is O $648000. O $604800. O $635040, $666576
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