Kevin Company has the following historical collection pattern for its sales: 70% collected in month...
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Accounting
Kevin Company has the following historical collection pattern for its sales: 70% collected in month of sale 15% collected in the first month after sale 10% collected in the second month after sale 5% uncollectible Budgeted sales for the last six months of the year follow. July August September October November December $44,000 49,000 54,000 59,000 64,000 56,500 Calculate the estimated total cash collections during November TT T Arial 3 (12pt) T.EE
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