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What are the budgeted cash receipts

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Question - Big Wheel, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale. Sales on account are budgeted to be $20,900 for March and $40,200 for April. What are the budgeted cash receipts from sales on account for April?

Reference no: EM132558970

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