Warehouse Corporation collects 30% of a month's sales in the month of sale,65% in the month following sale,and 5% in the second month following sale.Budgeted sales for the upcoming four months are:

The amount of cash that will be collected in July is budgeted to be

Question

Warehouse Corporation collects 30% of a month's sales in the month of sale,65% in the month following sale,and 5% in the second month following sale.Budgeted sales for the upcoming four months are:

The amount of cash that will be collected in July is budgeted to be

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The Answer of Warehouse Corporation collects 30% of a month's sales in the month of sale,65% in the month following sale,and 5% in the second month following sale.Budgeted sales for the upcoming four months are:

The amount of cash that will be collected in July is budgeted to be

Warehouse Corporation Collects 30% of a Month's Sales in the Month