Business, 23.06.2021 04:30 Imamdiallo18

All sales are on account. 35% of the sales are collected in the month of sale, 45% in the following month, the remainder in the second following month. Budgeted sales for Jan., Feb., Mar. are $50,000; $60,000; $40,000. How much cash is collected in March

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All sales are on account. 35% of the sales are collected in the month of sale, 45% in the following...

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