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  3. the following credit sales are budgeted by wildhor

The following credit sales are budgeted by Wildhorse Co.: ...

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Question

Accounting

The following credit sales are budgeted by Wildhorse Co.:

February 216000
March 302400
April 259200

The companys past experience indicates that 70% of the accounts receivable are collected in the month of sale, 30% in the month following the sale. The anticipated cash inflow for the month of April is

$198288.

$169344.

$241920.

$272160.

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