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Business, 12.11.2019 01:31 yayaeli

Crew clothing (cc) sells women’s resort casual clothing to high-end department stores and in its own retail boutiques. cc expects sales for january, february, and march to be $360,000, $420,000, and $440,000, respectively. twenty percent of cc’s sales are cash, with the remainder collected evenly over two months. during december, cc’s total sales were $670,000. cc is beginning its budget process and has asked for your in preparing the cash budget.

compute cc’s expected cash receipts from customers for each month.

january february march
budgeted cash receipts

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