Business, 09.08.2021 23:10 genyjoannerubiera

A company's past experience indicates that 60% of its credit sales are collected in the month of sale, 30% in the next month, and 5% in the second month after the sale; the remainder is never collected. Budgeted credit sales were: January $430000 February 286000 March 610000 The cash inflow in the month of March is expected to be

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A company's past experience indicates that 60% of its credit sales are collected in the month of sal...