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4 Historically, cash from 40% of sales for your company are collected in the same month as the sale. The remaining cash from sales is

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4 Historically, cash from 40% of sales for your company are collected in the same month as the sale. The remaining cash from sales is collected in the month following the sale (a lag of one month). If you are expecting sales in January at $10,000 and sales in February of $12,000, how much cash should you expect to collect in February? (zero decimal places) it of

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