Crane Company estimates its sales at 80000 units in the first quarter and that sales will increase by 8000 units each quarter over the year. They have, and desire, a 25% ending inventory of finished goods. Each unit sells for $25. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale. Cash collections for the third quarter are budgeted at
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Business, 22.06.2019 10:00
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Business, 22.06.2019 11:30
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Business, 22.06.2019 17:40
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Business, 22.06.2019 20:20
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Crane Company estimates its sales at 80000 units in the first quarter and that sales will increase b...
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