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The BRS Corporation makes collections on sales according to the following schedule: 45% in month of sale 51% in month following sale 4% in second
The BRS Corporation makes collections on sales according to the following schedule: 45% in month of sale 51% in month following sale 4% in second month following sale The following sales have been budgeted: April May June Sales $190,000 $180,000 $170,000 Budgeted cash collections in June would be: Multiple Choice $175,900 O (0) $170,000 $170,760 O O $168,300
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