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QUESTION 25 Not complete Points out of 1.00 lg question Black Horse Transportation's sales budget...

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Accounting

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QUESTION 25 Not complete Points out of 1.00 lg question Black Horse Transportation's sales budget for the first quarter follows: January February March $125,000 300,000 290,000 All sales are on account (credit) with 50% collected in the month of sale, 30% collected in the following month after sale, and 20% collected in the second month after sale. There are no uncollectable accounts. The March cash receipts are: Select one: A. $250,500 B. $172,500 C. $102,500 D. $260,000 Check

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