Business, 08.11.2019 01:31 maggie123456751
All of porter corporation's sales are on account. sixty percent of the credit sales are collected in the month of sale, 25% in the month following sale, and 10% in the second month following sale. the remainder are uncollectible. the following are budgeted sales data for the company: january february march april total sales $400,000 $600,000 $500,000 $700,000 cash receipts in april are expected to be:
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