A company's history indicates that 20% of its sales are for cash and the rest...
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Accounting
A company's history indicates that 20% of its sales are for cash and the rest are on Credit Collection on credit sales are 20% in the month of the sale, 45% in the next month 20%. the following month, and 15% is uncollectible Projected sales for December January, and Fenway are $72,000, 597,000 and 5107000, respectively. The February expected and receipts from current and poor credit sales Muluple Choice 59100 S610 $23,418 $63,560 $47,510
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