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The Bradley Corporation makes collections on sales according to the following schedule: 35% in month of sale 61% in month following sale 4 in
The Bradley Corporation makes collections on sales according to the following schedule: 35% in month of sale 61% in month following sale 4 in second month following sale The following sales have been budgeted: Sales April $120,000 May $130,000 June $120,000 Budgeted cash collections in June would be: Multiple Choice $121,300 $126,100 $120,000 $120,480
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