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What is the anticipated cash inflow for the month of march

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Reference no: EM132530772

The following credit sales are budgeted by GonGo Company:

January 150,000

February 380,000

March 220,000

Question 1: The company's past experience indicates that 80% of the accounts receivable are collected in the month of sale, 20% in the month following the sale. What is the anticipated cash inflow for the month of March?

Reference no: EM132530772

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