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15. A firm has actual sales in november of $1000 and projected sales in december and january of $3000 and $4000, respectively. Sales in previous

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15. A firm has actual sales in november of $1000 and projected sales in december and january of $3000 and $4000, respectively. Sales in previous months (sep and Oct) were zero. The firm makes 11 percent of its sales for cash, collects 30 percent of its sales one month following the sale, and collects the balance two months following the sale. The firms total cash receipts in november is?T

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