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Shown below is the sales forecast for LMN Inc. for the first four months of the coming year. The regular pattern of collection of credit

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Shown below is the sales forecast for LMN Inc. for the first four months of the coming year. The regular pattern of collection of credit sales is 40% in the month of sale, 50% in the month following sale, and the remainder in the second month following the month of sale. There are no bad debts The budgeted cash receipts for April would be: 313,000320,000350,000383,000

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