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Business, 30.07.2021 17:20 lokiliddel

Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business—September, October, and November—are $235,000, $310,000, and $429,000, respectively. The company expects to sell 25% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale and 30% in the month following the sale. The cash collections in November are a.$225,225 b.$402,225 c.$482,670 d.$107,250

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Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the fir...
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