The following credit sales are budgeted by Wildhorse Co. : February 216000 March 302400 April 259200 The

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The following credit sales are budgeted by Wildhorse Co.:

February		216000
March		302400
April		259200

The company’s past experience indicates that 70% of the accounts receivable are collected in the month of sale, 30% in the month following the sale. The anticipated cash inflow for the month of April is

$169344.

$241920.

$272160.

$198288.

Related Book For answer-question

Applied Statistics in Business and Economics

ISBN: 978-0073521480

4th edition

Authors: David Doane, Lori Seward

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Posted Date: Jan 17, 2022 03:39 PM

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The following credit sales are budgeted by Wildhorse Co. : February 216000 March 302400 April 259200 The

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Applied Statistics in Business and Economics

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