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The PDQ Company makes collections on credit sales according to the following schedule: 10% in month of sale 85% in month following sale 5% uncollectible

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The PDQ Company makes collections on credit sales according to the following schedule: 10% in month of sale 85% in month following sale 5% uncollectible The following sales have been budgeted: Month Sales April. $100,000 May.... $120.000 June . $110.000 Cash collections in May would be: Numeric Response

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