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What are the total cash receipts budgeted for march

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Reference no: EM132959507

Question: Josefa Falayfay finds that 40 percent of a month's sales are for cash.

Payments on accounts receivable are 65 percent in the month of sale and 35 percent in the month following sale. Budgeted sales for January are P100,000, for February P140,000, and for March P120,000. What are the total cash receipts budgeted for March?

Reference no: EM132959507

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