Junior Snacks reports the following information from its sales budget: Expected Sales: October $ 140,000 November 148,000 December 184,000 All sales are on credit and are expected to be collected 45% in the month of sale and 55% in the month following sale. The total amount of cash expected to be received from customers in November is: Multiple Choice $143,600. $77,000. $148,000. $225,000. $66,600.
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