Business, 03.03.2020 00:55, Isabella1319
Distribution Corporation collects 45% of a month's sales in the month of sale, 40% in the month following sale, and 15% in the second month following sale. Budgeted sales for the upcoming four months are:
April budgeted sales $ 100,000
May budgeted sales $ 120,000
June budgeted sales $ 260,000
July budgeted sales $ 240,000
The amount of cash that will be collected in July is budgeted to be .
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Distribution Corporation collects 45% of a month's sales in the month of sale, 40% in the month foll...
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