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What the total budgeted cash collections in April

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Question - Twenty percent of Corporation's sales are for cash, 50% are collected in the month of sale, 20% in the month following sale, and 10% in the second month following sale. The following are budgeted sales data for the company:

 

January

February

March

April

Budgeted sales

$200,000

$300,000

$350,000

$250,000

Required - What the total budgeted cash collections in April?

Reference no: EM133045819

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