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The following credit sales are budgeted by GonGo Company: January 150,000 February 380,000 March 220,000 The company's past experience indicates that 80% of the accounts

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The following credit sales are budgeted by GonGo Company: January 150,000 February 380,000 March 220,000 The company's past experience indicates that 80% of the accounts receivable are collected in the month of sale, 20% in the month following the sale. What is the anticipated cash inflow for the month of March? A.) $334,000 B.) $252,000 C.) $243,000 D.) $232,000

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