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The WRT Corporation makes collections on sales according to the following schedule: 40% In month of sale 56% In month following sale 4% In second

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The WRT Corporation makes collections on sales according to the following schedule: 40% In month of sale 56% In month following sale 4% In second month following sale The following sales have been are expected: Budgeted cash collections in June should be budgeted to be: $160,600 $160,000 $165,200 $159,200

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