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Seventy percent of Marshall Corporation's sales are collected in the month of sale, 2 5 % in the month following sale, and 5 % in
Seventy percent of Marshall Corporation's sales are collected in the month of sale, in the month following sale, and in the second month following sale. The following are budgeted sales data for the company:
tableJanuary,February,March,AprilBudgeted sales,$$$$
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