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The BRS Corporation makes collections on sales according to the following schedule: 45% in month of sale 53% in month following sale 2% in second

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The BRS Corporation makes collections on sales according to the following schedule: 45% in month of sale 53% in month following sale 2% in second month following sale The following sales have been budgeted: Sales April May June $220,000 $150,000 $140,000 Budgeted cash collections in June would be: Multiple Choice $140.440 $146,900 $140,000 $142,500

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