ABC, Inc. estimates its sales at units in the first quarter and that sales wil...
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ABC, Inc. estimates its sales at units in the first quarter and that sales wil increase by units each quarter over the year. They have, and desire, a ending inventory of finished goods. Each unit sells for $ of the sales are for cash. 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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