Business, 18.06.2021 23:50 xojade

Fran’s Fries has budgeted sales for May, June and July at $500,000, $680,000 and $720,000, respectively. Sales are 80% cash and 20% on account. Assume sales on account are collected in the month following the sale. Compute cash receipts for June and July. Show your work here.

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Fran’s Fries has budgeted sales for May, June and July at $500,000, $680,000 and $720,000, respectiv...

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