Long Company expects cash sales for July of $13,000, and a 17% monthly increase during August...
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Long Company expects cash sales for July of $13,000, and a 17% monthly increase during August and September. Credit sales of $12.000 in July should be folowed by 30% inoreases during August and Septumber. What are budgeted cash sales and tbudgeled credit sales for September respectively? (Round final answers to the nearest dollar OA S16.210 and $15.000 OB $17.700 and $20,200 Oc $11.111 and $0,231 OD. $16.00 and $14,040 Long Company expects cash sales for July of $13,000, and a 17% monthly increase during August and September. Credit sales of $12.000 in July should be folowed by 30% inoreases during August and Septumber. What are budgeted cash sales and tbudgeled credit sales for September respectively? (Round final answers to the nearest dollar OA S16.210 and $15.000 OB $17.700 and $20,200 Oc $11.111 and $0,231 OD. $16.00 and $14,040
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Answer rating: 100% (QA)
Answer Option B is correct 17796 and 20280 Cash sales in july 13000 incres... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Posted Date:
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