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The following credit sales are budgeted by Cheyenne Corp. February 176000 March 246400 April 211200 The company's past experience indicates that 70% of the accounts

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The following credit sales are budgeted by Cheyenne Corp. February 176000 March 246400 April 211200 The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale, 30% in the month following the sale. The anticipated cash inflow for the month of April is $197120. $221760 $161568. $137984

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