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1. The Solar Corporation makes collections on sales according to the following schedule: 25% in month of sale 70% in month following sale 5% in
1. The Solar Corporation makes collections on sales according to the following schedule: 25% in month of sale 70% in month following sale 5% in second month following sale The following sales have been budgeted: What are the cash collections for March? January February March $ 240,000 $ 300,000 $ 210,000
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