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Business, 24.03.2020 23:04 levilugar

BusyBody Company expects its November sales to be 20% higher than its October sales of $ 160 comma 000. Purchases were $ 90 comma 000 in October and are expected to be $ 110 comma 000 in November. All sales are on credit and are collected as follows: 25% in the month of the sale and 70% in the following month. Purchases are paid 30% in the month of purchase and 70% in the following month. The cash balance on November 1 is $ 13 comma 400. The cash balance on November 30 will be

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