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ABC, Inc. estimates its sales at units in the first quarter and that sales wil...

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Accounting

ABC, Inc. estimates its sales at units in the first quarter and that sales wil increase by 20,000 units each quarter over the year. They have, and desire, a ending inventory of finished goods. Each unit sells for $35. of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale.
Cash collections for the third quarter are budgeted at

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