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5 Western Company expects the following credit sales for the first five months of the year: January, $34,000; February, $49,000; March, $39,000; April, $45,000, May
5 Western Company expects the following credit sales for the first five months of the year: January, $34,000; February, $49,000; March, $39,000; April, $45,000, May $49,000. Experience has shown that payment for the credit sales Is received as follows: 60% In the month of sale, 20% In the first month after sale, 12% In the second month after sale, and the remainder is uncollectible. How much cash can Western Company expect to collect in March as a result of credit sales (current and past)? Multiple Choice $23.400. $32.720. a $39.000 O O $37.280. O $40,680
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