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sales budget Question 16 3 pts Apple Inc. began its operations on September 1 of...

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sales budget Question 16 3 pts Apple Inc. began its operations on September 1 of the current year. Budgeted sales for the first three months of buite--September October, und November-are $260,000 $375,000, and $400,000, respectively. The company expects to sell 30% of its merchandise for cush. Of sales on account, 90% are expected to be collected in the month of the sale and 10% in the month following the sale. The cash collections expected in October from accounts receivable are estimated to be $145,600 $223,600 $182,000 $254,450

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