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A firm has actual sales in November of (1,000 and projected sales in December and January of E3,000 and E4,000, respectively. The firm makes 10

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A firm has actual sales in November of (1,000 and projected sales in December and January of E3,000 and E4,000, respectively. The firm makes 10 percent of its sales for cash, collects 40 percent of its sales one month following the sale, and collects the balance two months following the sale. The firm's total expected cash tion receipts in January Select one: O a. cannot be determined with the information provided. O b. are E1,900. c. are E2, 100. O d. are E700

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