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12. You are working on Converse Retro Inc.'s cash budget. You are projecting $100 of sales in January. You are giving customers 90-day terms to

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12. You are working on Converse Retro Inc.'s cash budget. You are projecting $100 of sales in January. You are giving customers 90-day terms to pay. You estimate that 30 percent will still pay cash while 70 percent will pay in 90 days. How much cash will be collected in the following months from these January sales? January February March April May June

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