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GaryK [48]
2 years ago
14

(Consider This) In the middle ages, the French government auctioned off monopoly rights to the sale of salt. Economic theory pre

dicts that the highest bids would Multiple Choice leave substantial economic profits for the winning bidders. equal the economic profits the winning bidder would expect to earn by owning the monopoly rights to sell salt. ensure that prices remained low, making salt available to the masses. equal the winner bidder's explicit costs of selling the salt.
Business
1 answer:
ollegr [7]2 years ago
6 0
Babbabababooeeeeeeeeeee
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McLeod Fries, Inc. has budgeted sales for June and July at $670,000 and $770,000, respectively. Sales are 85% credit, of which 6
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Answer:

Account receivable on July 31 = $261,800

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