Business, 15.04.2021 22:30 marahdgz

Gallonte Inc. began operations in April of this year. It makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale; 60% are collected in the first month after sale; and 10% are collected in the second month after sale. If sales for April, May, and June were $60,000, $80,000, and $70,000, respectively, what were the firm's budgeted collections for April

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Gallonte Inc. began operations in April of this year. It makes all sales on account, subject to the...

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