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Three Sisters catering prepared the sales budgCredit collections are 35% in the month of sale Question Completion Status: QUESTION 7 3.75 points Sve Answer Three

Three Sisters catering prepared the sales budgCredit collections are 35% in the month of sale
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Question Completion Status: QUESTION 7 3.75 points Sve Answer Three Sisters Catering prepared the sales budget below. Credit Collections are 35% in the month of sale, 50% in the month following the sale, and 10% two months following the sale. The remaining 5% is expected to be uncollectible. What are the total cash collections expected in May? Month Credit Sales March $10,000 April 516,000 $40,000 540,000 $22,000 $23,000 $14,000 Eck Save and Submit to save and submit. Click Save All Answers to save all answers. Save and Subm

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