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A company's history indicates that 30% of its sales are for cashand the rest are on credit. Collections on credit sales are 30% inthe month
A company's history indicates that 30% of its sales are for cashand the rest are on credit. Collections on credit sales are 30% inthe month of the sale, 40% in the month after the sale, 25% in thes 2 answers
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Advanced Financial Accounting
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
6th edition
978-0137030385
