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5. Came the first quarter of the forthcoming year a merchandising company, has provided the following extracts from their budget for Jan Feb March $500,000
5. Came the first quarter of the forthcoming year a merchandising company, has provided the following extracts from their budget for Jan Feb March $500,000 $600,000 $800,000 Each month the company sales are 25% in cash and 75% on credit. The of credit sales in the same month and the balance in the next month. Calculate the sales collections from the customers for the month of February and March. company collects 50%
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