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6 3 pts Mileno Corporation receives 40% of their receivables in the current month and remaining 60% in the following month. The company had following
6 3 pts Mileno Corporation receives 40% of their receivables in the current month and remaining 60% in the following month. The company had following sales: January: $265,000 February: $280,000 How much is the company's total cash collection in February? $112,000 280,000 $159,000 271,000
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