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4 points 4. Sombo Company is preparing cash budget for the month of June. Projected sales for the months follow: Save An Sale
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Answer :- Calculation of the expected cash collection for the month of June :-

Expected Cash Collection for June = ($8,000*45%)+($5,000*50%)

Expected cash collection for June = $3,600 + $2,500

Expected cash collection for June = $6,100

So the correct answer is option D. ( $6,100)

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