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Business, 09.04.2020 18:30 badatmathmate8388

The following credit sales are budgeted by Tamarisk, Inc.: May $495000 June 728000 July 1019200 August 873600 The 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 August is:

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The following credit sales are budgeted by Tamarisk, Inc.: May $495000 June 728000 July 1019200 Augu...
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