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Mapleview, Inc. has the following budgeted sales: July $200,000, August $300,000 and September $250,000. 40%...

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Accounting

Mapleview, Inc. has the following budgeted sales: July $200,000, August $300,000 and September $250,000. 40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month. The total expected cash collections in September are

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