Use the information below for Nuthatch Corporation to answer the question that follows. Nuthatch Corporation...
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Accounting
Use the information below for Nuthatch Corporation to answer the question that follows. Nuthatch Corporation begant its eperations on 5eptember 1 of the current year. Budgeted sabes for the first 3 months of business. Septembec, October. and November-are $240,000,$310,000, and $405,000, respectively. The company expects to selt Jow, of its merchandise for cash. of sales an actount, 80% are expected to be collected in the month of the sale and 20% in the moeth folloring the sale. The cash collections expected in November from accounts recelvable are projected to be a. $324.240 b. 1270.200 c. 5226000 a. $103.400
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