Budgeted accounts receivable balance

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Kuzma? Foods, Inc. has budgeted sales for June and July at $680,000 and $735,000?, respectively. Sales are 90?% credit, of which 60?% is collected in the month of sale and 40?% is collected in the following month. What is the budgeted Accounts Receivable balance on July? 31?

Reference no: EM133307243

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