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15.A company's past experience indicates that 70% of its credit sales are collected in the month of sale and 28% in the next month. The

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15.A company's past experience indicates that 70% of its credit sales are collected in the month of sale and 28% in the next month. The remainder is never collected. The company's budgeted credit sales totalled: January $100,000 February 90,000 March 110,000 How much are expected cash receipts for February? A) $88,200 B) $91,000 C) $93,800 D) $102,200

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