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The BRS Corporation makes collections on sales according to the following schedule: 40% in month of sale 55% in month following sale 5% in

The BRS Corporation makes collections on sales according to the following schedule: 40% in month of sale 55% in month following sale 5% in second month following sale 07 The following sales have been budgeted: Sales April $110,000 May $120,000 $110,000 June Budgeted cash collections in June would be: Multiple Choice $110,000 $115.500

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