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The following credit sales are budgeted by Teal Mountain Garden Supply Company: The company's past experience indicates that 80% of the accounts receivable are collected

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The following credit sales are budgeted by Teal Mountain Garden Supply Company: The company's past experience indicates that 80% of the accounts receivable are collected in the month of sale and 20% in the month following the sale. Determine cash receipts for February and March. February cash receipts $ March cash receipts $

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