Benton Company's sales budget shows the following expected total sales: The company expects 80% of...
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Benton Company's sales budget shows the following expected total sales: The company expects 80% of its sales to be on account (credit sales). Credit sales are collected as follows: 25\% in the month of sale and 72% in the month following the sale, with the remainder being uncollectible and written off, The total cash recelpts during April would be: Multiple Choice $16,000 $28,160. $36,160. $24,640
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