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The Millet Corporation's sales budget for the period January to March 20x3 is as tollows. January February March $367941 447900 258890 The historical cash collection
The Millet Corporation's sales budget for the period January to March 20x3 is as tollows. January February March $367941 447900 258890 The historical cash collection pattern is as follows 55% collected in the month or sales 36% collected in the following month 9% collected in the second following month What is the budgeted accounts receivable balance at the end of March? Select one: - a $156812 b. $182700 c $116500 d $142390
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