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Business, 03.04.2020 22:07 jenistha123

The following credit sales are budgeted by Whispering Winds Corp.:May $437900June 644000July 901600August 772800The company’s past experience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following the sale, and 8% in the second month following the sale. The anticipated cash inflow for the month of August is:a) $ 772800. b) $721260. c) $757340. d) $794952.

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The following credit sales are budgeted by Whispering Winds Corp.:May $437900June 644000July 901600A...
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