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Business, 14.04.2020 19:54 gobertbrianna40

The ABC Corporation makes collections on sales according to the following schedule:

50% in month of sale
47% in month following sale
3% in second month following sale

The following sales have been budgeted:
Sales
April $ 200,000
May $ 170,000
June $ 160,000

Budgeted cash collections in June would be:

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The ABC Corporation makes collections on sales according to the following schedule:

50%...
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