Dayton Company has forecast sales to be $ 2 0 9 , 0 0 0 in February,
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Question:
Dayton Company has forecast sales to be $ in February, $ in March, $ in April, and $ in May The average cost of goods sold is of sales. All sales are made on credit, and sales are collected in the month of sale, the month following and the remainder two months after the sale. What are budgeted cash receipts in May?Muttiple Choice ortA$$$$
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