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Waterway Industries has the following budgeted sales: July $250000, August $300000, and September $250000. 40% of the sales are for cash and 60% are on

Waterway Industries has the following budgeted sales: July $250000, August $300000, and September $250000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts during September are $262500. $265000. $250000. $280000.
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Waterway Industries has the following budgeted sales: July $250000, August $300000, and September $250000.40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash receipts during September are $262500. $265000. $250000. $280000

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