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Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year: Jan Feb March Sales (30%
Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year: Jan Feb March Sales (30% cash) $550.000 $750,000 $1,000,000 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 O A. $750,000 OB. $592,500 O C. $708,000 OD. $483.000 Click to select your
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