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QUESTION
14-2. Camtech, which expects to start operations on January 1, 2008 will sel digital cameras in shopping malls, Camtech has budgeted sales as
14-2. Camtech, which expects to start operations on January 1, 2008 will sel digital cameras in shopping malls, Camtech has budgeted sales as indicated in the following table. The company expects a 10 percent increase in sales per month for February and March. The ratio of cash sales to sales on account will remain stable from January through March.Sales
