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Business, 01.07.2020 16:01 genyjoannerubiera

Distribution Corporation collects 40% of a month's sales in the month of sale, 55% in the month following sale, and 5% in the second month following sale. Budgeted sales for the upcoming four months are:April budgeted sales$100,000May budgeted sales$150,000June budgeted sales$230,000July budgeted sales$180,000The amount of cash that will be collected in July is budgeted to beA) $72,000.B) $179, 500.C) $206,000.D) $195, 500.

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Distribution Corporation collects 40% of a month's sales in the month of sale, 55% in the month foll...
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