BusyBody Company expects its November sales to be 10% higher than its October sales of $190,000. Purchases were $120,000

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BusyBody Company expects its November sales to be 10% higher than its October sales of $190,000. Purchases were $120,000

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Busybody Company Expects Its November Sales To Be 10 Higher Than Its October Sales Of 190 000 Purchases Were 120 000 1
Busybody Company Expects Its November Sales To Be 10 Higher Than Its October Sales Of 190 000 Purchases Were 120 000 1 (45.5 KiB) Viewed 30 times
BusyBody Company expects its November sales to be 10% higher than its October sales of $190,000. Purchases were $120,000 in October and are expected to be $170,000 in November. All sales are on credit and are collected as follows: 25% in the month of the sale and 70% in the following month. Purchases are paid 35% in the month of purchase and 65% in the following month. The cash balance on November 1 is $13,500. The cash balance on November 30 will be OA. $61,250 B. $47,750 O C. $34,250 O D. $198,750
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