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thatch Corporation began its operations on September of the current year. Budgeted sales for the...

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thatch Corporation began its operations on September of the current year. Budgeted sales for the first three months of business September Octobecand November 239,000 $107.000, $417,000, respectively. The company expects to sell of its merchandise for cash of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the The cash dictions xpected in October from accounts receivable are estimated to be Od 15

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