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The BRS Corporation makes collections on sales according to the following schedule: 40% in month of sale 56% in month following sale 4% in second

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The BRS Corporation makes collections on sales according to the following schedule: 40% in month of sale 56% in month following sale 4% in second month following sale The following sales have been budgeted: Budgeted cash collections in June would be: Multiple Choice $158,000 $150,000 $150,840 $149,600

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