Apogee Industries expects credit sales for January, February and March to be $229,900, $308,800 and...
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Apogee Industries expects credit sales for January, February and March to be $229,900, $308,800 and $372,000, respectively. It is expected that 80% of the sales will be collected in the month of sale, and 20% will be collected in the following month. Compute the cash collections from customers for each month. (Leave answer fields blank if no amount is required.) Collections from customers Credit sales January February March January $ $ $ $ February March $ $ $
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