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What are starving artist expected cash receipts

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Question - Starving Artists Unlimited budgeted sales for January, February, and March of $105,000, $85,000, and $90,000, respectively. Sixty (60%) percent of sales are on credit. The company collects 80% of its credit sales in the month following sale, and 20% in the second month following sale. What are Starving Artist's expected cash receipts for March related to all current and past sales?

Reference no: EM133180298

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