Compute the budgeted cash receipts for june


Turks sells miniature digital cameras for $400 each. 900 units were sold in May, and it forecasts 5% growth in unit sales each month. Assume 20% of Turks's sales are for cash. The remaining 80% are credit sales; these customers pay in the month following the sale.Compute the budgeted cash receipts for June.

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Accounting Basics: Compute the budgeted cash receipts for june
Reference No:- TGS0702616

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