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Business, 08.01.2021 17:10 shayyy49

The BRS Corporation makes collections on sales according to the following schedule:. 35% in month of sale
61% in month following sale
4% in second month following sale
The following sales have been budgeted:.
Sales
April $200,000
May $130,000
June $120,000
Budgeted cash collections in June would be:.
a. $129,300
b. $120,000
c. $120,800
d. $121,300

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