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Business, 27.06.2020 02:01 jaylabazemore

Kuzma Foods, Inc. has budgeted sales for June and July at $ 670 comma 000 and $ 770 comma 000, respectively. Sales are 90% credit, of which 60% is collected in the month of sale and 40% is collected in the following month. What is the budgeted Accounts Receivable balance on July 31? A. $ 277 comma 200 B. $ 693 comma 000 C. $ 241 comma 200 D. $ 308 comma 000

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Kuzma Foods, Inc. has budgeted sales for June and July at $ 670 comma 000 and $ 770 comma 000, respe...
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