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12.5 points Alpha Corporation is estimating the following sales on account for the first four months of next year: Month Credit Sales January $320.000 February
12.5 points Alpha Corporation is estimating the following sales on account for the first four months of next year: Month Credit Sales January $320.000 February $350,000 March $390.000 April $440,000 Sales are normally collected 70% in the month of sale and 30% in the month following the sale. All sales are on account Based on this information how much cash should Alpha Corporation expect to collect during the month of April? $425,000 $308,000 $440,000 $378,000
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