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A clothing boutique is opening for business in a new shopping center. The...

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Accounting

A clothing boutique is opening for business in a new shopping center. The owner is preparing a sales budget for the next three months so that she can determine what
purchases to make and anticipate whether there will be enough cash for other expenses. The owner estimates that clothing sales in the first month of business will be
$30,000 and accessory sales will be $15,000. Sales are expected to increase by 8% each month after that.
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