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ABC collects 30% of a months sales in that month, and 20% the second month after the sale.10% are never collected September sales:280,00 October Sales:330,000
ABC collects 30% of a months sales in that month, and 20% the second month after the sale.10% are never collected September sales:280,00 October Sales:330,000 November sales: 260,000 How much cash will be collected in November?
$290,000
$266,000
$234,000
$288,000
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