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 Due to deteriorating economic conditions, Pine Hill Wood Products has now decided that its cash forecast should include a bad debt adjustment of 2% of credit sales, beginning with sales for the month of April. The 5% collection in the fourth month should be reduced to reflect the bad debt. Because of this policy change, the total expected cash inflow in April related to sales made in April willA. Be unchanged. B. Decrease by $1,260.00. C. Decrease by $1,440.00. D. Decrease by $1,530.00. |