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Alice Supply Corporation manufactures and sells cotton gauze for $2 a box. Expected sales of gauze (in boxes) for upcoming months are as follows: #
Alice Supply Corporation manufactures and sells cotton gauze for $2 a box. Expected sales of gauze (in boxes) for upcoming months are as follows: # of boxes August.................... 60,000 September.............. 75,000 October.................. 100,000 All sales are on credit. Suppose Alice collects 70% of credit sales in the month of sale, and collects 30% in the following month. How much sales revenue will the company report for September? A. $165,000 B. $150,000 C. $176,500 D. $141,000
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