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The following credit sales are budgeted by Gonzalez Company: February 200,000 March 280,000 April 240,000 The company's past experience indicates that 80% of the accounts

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The following credit sales are budgeted by Gonzalez Company: February 200,000 March 280,000 April 240,000 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. The anticipated cash inflow for the month of Aprilis

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