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34 Q4: Big Jim Outerwear purchased the following sales: (2 marks) 35 January $ 190,000 36 February $ 200,000 37 March $ 210,000 the month

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34 Q4: Big Jim Outerwear purchased the following sales: (2 marks) 35 January $ 190,000 36 February $ 200,000 37 March $ 210,000 the month following sale, and 40% in the second month following sale. What is the expected cash 38 collections in March? 39 A) $200,000 40 B) $84,000 41 C) $202,200 42 D) $222,222 Q3: Big Jim Outerwear purchased the following amounts: (1 mark) January $ 30,000 February $ 40,000 March $ 50,000 They pay for purchases 30% in the month of purchase and 70% in the month following purchase. What is their expected payment in February? A) $33,000 B) $12,000 C) $21,000 D) $30,000

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