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Tiara Company has the following historical collection pattern for its credit sales: 70% collected in month of sale 15% collected in the first month after

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Tiara Company has the following historical collection pattern for its credit sales: 70% collected in month of sale 15% collected in the first month after sale 10% collected in the second month after sale 4% collected in the third month after sale 1% uncollectible Budgeted credit sales for the last six months of the year follow. $ June July August September October November December 32,000 30,000 35,000 40,000 45,000 50,000 42,500 I Required: A. What would be the estimated total cash collections during October from October credit sales? B. What would be the estimated total cash collections during October from September credit sales? C. What would be the estimated total cash collections during October from August credit sales? D. What would be the estimated total cash collections during October from July credit sales? E. What would be the estimated total cash collections during October from June credit sales? E. Compute the estimated total cash collections during October from credit sales

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