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The following credit sales are budgeted by Teal Mountain Discount Retail Company: The company's past experience indicates that 7 0 % of the accounts receivable
The following credit sales are budgeted by Teal Mountain Discount Retail Company:
The company's past experience indicates that of the accounts receivable are collected in the month of sale, in the month
following the sale, and in the second month following the sale. The anticipated cash inflow for the month of March is
$
$
$
$
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