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3 A firm books a revenue of $900,000 in December 2016. Based on previous experience, 5% of the sales are returned within 30 days. Returned

3 A firm books a revenue of $900,000 in December 2016. Based on previous experience, 5% of the sales are returned within 30 days. Returned products are resalable. How much should the sales return allowance be in December 2016

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