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The foliowing eredit sales are budgeted by Sunland Compary: The company's past experience indicates that 70%6 of the accounts receivable are collected in the month

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The foliowing eredit sales are budgeted by Sunland Compary: The company's past experience indicates that 70%6 of the accounts receivable are collected in the month of sale, 20% in the month following the sale, and B\% in the second month following the sale. The budgeted cash receipts for the month of April are

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