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Camellia, 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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Camellia, 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. $581,250 B. $517,500 C. $705,000 D. $750,000

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