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tudent Home WileyPLUS 1 match (I?) a high wileyPLUS: MywileyPLUS I Help I Contact Us Kimmel, Accounting, 6e FINANCIAL & MANAGERIAL (ACC 110 Assignment Gradebook ORION Downloadable eTextbook nt PM / Remaining: 67 min. CALCULATOR FULL SCREEN PRINTER VERSION BACK Question 9 The following credit sales are budgeted by Ayayai Corp. February 188000 March263200 Apri 225600 The company's past experience indicates that 60% of the accounts the month following the sale. The anticipated cash inflow for the month of April is ecollected in the month of sale, 40% in $218080. $156416. $240640. $130848. Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of i used SAVE FOR LATER SUBMIT ANSWER aov Policy I 2000-2018 Jchn Wiley &Sons.; Inc All Rights Reserved. A Division of 1ohn Wiley & Sons 1as Version 4.24.8.2 MacBook Air

Explanation / Answer

Answer: $240640

April Collection of credit sales for: March (40% x $263200) 105280 April (60% x $225600) 135360 Cash inflow for April $ 240640

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