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What are the total budgeted cash receipts in april

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Problem 1: Ginobili has forecast sales to be $129,900 in February, $159,900 in March, $163,400 in April, and $177,000 in May. 65% of sales are on made on credit, the rest are for cash. The sales on credit are collected 40% in the month of sale, and 60% the month following. What are the total budgeted cash receipts in April?

Reference no: EM132733366

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