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Business, 14.11.2019 02:31 feliciagraham14

Sheffield corp. estimates its sales at 15 units in the first quarter and that sales will increase by 15000 units each quarter over the year. they have, and desire, a 25% ending inventory of finished goods. each unit sells for $25. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. the remainder is received in the quarter following sale. cash collections for the third quarter are budgeted

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