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Business, 05.05.2020 03:59 audrey1256

Canine Supply Company’s budgeted sales for January, February, and March are $120,000, $160,000, and $140,000, respectively. Based on past experience, ABC expects that 25% of a month’s sales will be collected in the month of sale, 65% in the following month, and 9% in the second month following the sale. Budgeted cash receipts for the month of March would be

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Canine Supply Company’s budgeted sales for January, February, and March are $120,000, $160,000, and...
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