Consider the Plum Computer Companys sales for three months: 90% of Plums sales are for credit. 80%
Question:
Consider the Plum Computer Company’s sales for three months:
90% of Plum’s sales are for credit. 80% of all credit sales are paid the following month and the remainder are paid two months after the sale. Estimate Plum’s cash flow from these sales.
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Related Book For 
Financial Management And Analysis (Frank J. Fabozzi Series)
ISBN: 9780471477617
2nd Edition
Authors: Frank J. Fabozzi, Pamela P. Peterson
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