Cash collections for Wax On Candles found that 60% of sales were collected in the...
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Cash collections for Wax On Candles found that 60% of sales were collected in the month of the sale, 30% was collected the month after the sale, and 10% was collected the second month after the sale. Given the following sales, how much cash will be collected in January and February? Nov. Dec. Jan. Feb. $24,000 $36,000 $18,000 $24,000 Jan. Feb. Cash collected
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