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A firm has projected sales in May, June, and July of $ 1 0 0 , $ 2 0 0 , and $ 3 0

A firm has projected sales in May, June, and July of $100, $200, and $300, 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 is?
In all the answers to this question on Chegg they show you are * cash by 80% what i dont under stand is where the 80% is comeing from can you explain in detail.

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