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Question 9 1 pts Pixie Candy Co. reports the following information from its sales account and sales budget: Sales: May June July August September
Question 9 1 pts Pixie Candy Co. reports the following information from its sales account and sales budget: Sales: May June July August September Actual Actual Budgeted Budgeted Budgeted $105,000 $93,000 $90,000 $110,000 $120,000 Cash sales make up 25% of total sales and all credit sales are expected to be collected in the month following the date of sale. Based on the information from Pixie, compute the total amount of cash expected to be received in July. Show your work.
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