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Business, 08.04.2020 00:16 unicornsflyhigh

Singal Inc. is preparing its cash budget. It expects to have sales of $30,000 in January, $35,000 in February, and $20,000 in March. If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, what are the expected cash receipts for March? $27,600 $34,200 $30,000 $24,600 $28,200

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Singal Inc. is preparing its cash budget. It expects to have sales of $30,000 in January, $35,000 in...
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