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The WRT Corporation makes collections on sales according to the following schedule: 50% in month of sale 47% in month following sale 3%in second month
The WRT Corporation makes collections on sales according to the following schedule:
50% in month of sale
47% in month following sale
3%in second month following sale
The following sales have been are expected:
Expected SalesApril$170,000May$190,000June$180,000
Budgeted cash collections in June should be budgeted to be?
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