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Business, 08.11.2019 23:31 UncleVictor5188

All of pocast corporation's sales are on account. sixty percent of the credit sales are collected in the month of sale, 30% 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 total sales $ 700,000 $ 500,000 $ 400,000 $ 600,000 cash receipts in april are expected to be:
a. $530,000
b. $360,000
c. $460,000
d. $410,000

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