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Business, 08.10.2020 14:01 kennedy6010

Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business—September, October, and November—are $260,000, $375,000, and $400,000, respectively. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the sale. The cash collections expected in October from accounts receivable are estimated to be Group of answer choices

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Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the...

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