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The following credit sales are budgeted by Coronado Industries: The company's past experience indicates that 70% of the accounts receivable are collected in the month

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The following credit sales are budgeted by Coronado Industries: The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following the sale, and 8% in the second month following the sale. The anticipated cash inflow for the month of April is $261000$267800$313520$281000

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