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A firm has forecasted sales of $4,000 in January $6,000 in February, and $5.500 in March. All sales are on credit. 40% is collected the

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A firm has forecasted sales of $4,000 in January $6,000 in February, and $5.500 in March. All sales are on credit. 40% is collected the month of sale and the remainder the following month. How much is collected from accounts receivable in February? 18.57 Multiple Choice $4800 5 O $6.000 $5400 $3.000

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