7 Jent Company reported the following information for 2019:
October November December
Budgeted sales $320,000 $340,000 $360,000
Budgeted purchases $120,000 $128,000 $144,000
Â· All sales are on credit
Â· Customer amounts on account are collected 40% in the month of sale and 60% in the following month
Compute the amount of cash Jent will receive during November
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