Two Brothers Moving prepared the following sales budget: Credit collections are 10% in the month...
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Two Brothers Moving prepared the following sales budget: Credit collections are 10% in the month of sale, 65% in the month following the sale, and 20% two months following the sale. The remaining 5% is expected to be uncollectible. What are the total cash collections in June at Two Brothers Moving? $83,850$105,000$29,850$21,150 Two Brothers Moving prepared the following sales budget: Credit collections are 10% in the month of sale, 65% in the month following the sale, and 20% two months following the sale. The remaining 5% is expected to be uncollectible. What are the total cash collections in June at Two Brothers Moving? $83,850$105,000$29,850$21,150
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