What are the total expected cash receipts for june

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Fredder company usually sells about 20% of its merchandise during a month for cash with the remaining sales on account. the companys accounts receivable payment history is as follows: 30% in the month of sale, 50% in the month following, and 15% in the second month following sale. Total budgeted sales for the second quarter are as follows:

April 100,000

May 120,000

June 80,000

What are the total expected cash receipts for June?

Reference no: EM13552676

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