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3 If revenue for the month of January is estimated to be $100,000, credit sales are estimated to be 30%, cash sales are estimated to

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3 If revenue for the month of January is estimated to be $100,000, credit sales are estimated to be 30%, cash sales are estimated to be 70%, and credit collections are estimated to be $20,000, calculate the cash estimated to be collected in January out of Select one: a. 70,000 O b. 90,000 c. 50,000 d. 100,000

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