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The following credit sales are budgeted by Swifty Corporation: January February March April $304000 400000 520000 460000 The company's past experience indicates that 70% of
The following credit sales are budgeted by Swifty Corporation: January February March April $304000 400000 520000 460000 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 O $468320 O $458000. O $426000. O $462800. Click if you would like to show Work for this auction, non Show Work
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