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The BRS Corporation makes collections on sales according to the following schedule: 50% in month of sale 45% in month following sale 5% in second
The BRS Corporation makes collections on sales according to the following schedule: 50% in month of sale 45% in month following sale 5% in second month following sale The following sales have been budgeted: April May June Sales $180,000 $190,000 $180,000 Budgeted cash collections in June would be: Multiple Choice $184,500 O $180,000 O () $180,900 $175,500
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