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View Policies Current Attempt in Progress Bonita Company reported the following information for 2020: ptember October November December $239300 $311000 $289400 $359000 January $200200 Budgeted

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View Policies Current Attempt in Progress Bonita Company reported the following information for 2020: ptember October November December $239300 $311000 $289400 $359000 January $200200 Budgeted sales Budgeted purchases $90200 $120900 $129000 $144200 $87500 All sales are on credit. Customer amounts on account are collected 50% in the month of sale and 50% in the following month. Cost of goods sold is 30% of sales. Bonita purchases and pays for merchandise 70% in the month of acquisition and 30% in the following month. Accounts payable is used only for inventory acquisitions. . How much cash will Bonita receive during November? 0 $144700 $324200 O $300200 O $289400 Save for later Attempts: 0 of 1 used Submit

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