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1..9 Seasons Inc. is estimating the following number of air conditioners to be sold in the next five months of 2023. - These air conditioners
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Seasons Inc. is estimating the following number of air conditioners to be sold in the next five months of 2023. - These air conditioners are sold at a price of $2,000 each. - The company collects 20% of payments in cash immediately, and 80% of the sales are made on credit. Of that 80%,30% is collected the following month, 70% is collected the second following month. How much cash should they expect to receive in the month of July? $3,000,000$2,480,000$4,600,000$2,800,000$3,600,000$3,920,000 Step by Step Solution
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