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Camelila, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year: The company collects 70% of

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Camelila, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year: The company collects 70% of credit sales in the same month and the balance in the next month. Calculate the collections from the customers for the month of February, A. $700,000 B. $632,500 C. $457.500 D. $542.500

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