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Shalimar Company manufactures and sells industrial products. For next year, Shalimar has budgeted the following sales: Quarter 1 $ 4 , 6 2 0 ,
Shalimar Company manufactures and sells industrial products. For next year, Shalimar has budgeted the following sales: Quarter $ Quarter Quarter Quarter In Shalimar's experience, percent of sales are paid in cash. Of the sales on account, percent are collected in the quarter of sale, percent are collected in the quarter following the sale, and percent are collected in the second quarter after the sale. The remaining percent are never collected. Total sales for the third quarter of the current year are $ and for the fourth quarter of the current year are $
Shalimar Company manufactures and sells industrial products. For next year, Shalimar has budgeted the following sales:
Quarter $
Quarter
Quarter
Quarter
In Shalimar's experience, percent of sales are paid in cash. Of the sales on account, percent are collected in the quarter of sale, percent are collected in the quarter following the sale, and percent are collected in the second quarter after the sale. The remaining percent are never collected. Total sales for the third quarter of the current year are $ and for the fourth quarter of the current year are $
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