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Business, 20.04.2020 22:46 SoccerAllStar2

Junior Snacks reports the following information from its sales budget:

Expected sales: October $ 143,000 November 151,000 December 187,000
All sales are on credit and are expected to be collected 40% in the month of sale and 60% in the month following sale. The total amount of cash expected to be received from customers in November is:

A. $146,200.

B. $85,800.

C. $151,000.

D. $236,800.

E. $60,400.

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Answers: 3

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Junior Snacks reports the following information from its sales budget:

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