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Waterway Industries has the following budgeted sales: July $260000, August $310000, and September $260000 for cash and 60% are on credit. For the credit sales,
Waterway Industries has the following budgeted sales: July $260000, August $310000, and September $260000 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 $290000. O $271000. O $260000. O $275000
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