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Business, 06.04.2020 22:15 priceisright11401

The following credit sales are budgeted by Terra Co.: January $204,000 February 300,000 March 420,000 April 360,000The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following the sale, and 8% in the second month following the sale. The anticipated cash inflow for the month of April isa) 336,000b) 360,000c) 352,800d) 370,320

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The following credit sales are budgeted by Terra Co.: January $204,000 February 300,000 March 420,00...
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