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A firm has projected sales in May, June, and July of E100, E200, and E300, respectively. The firm makes 20 percent of sales for cash

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A firm has projected sales in May, June, and July of E100, E200, and E300, respectively. The firm makes 20 percent of sales for cash and collects the balance one month following the sale. The firm's total cash receipts in July Select one: O a. are E200. O b. cannot be determined with the information provided. O c. are (220. O d. are (140. Clear my choice

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