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Budgeted sales for the month of April are shown in the following table: The company...

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Accounting

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Budgeted sales for the month of April are shown in the following table: The company expects a 20% increase in sales per month for May and June. Also, the company expects to collect cash from receivables in the month following the month in which the receivables are established. The total amount of cash collected in May would be Multiple Choice $3,48000 $3,36000 $4,7600

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