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Carla Vista Manufacturing Company expects the following sales in January, February, and March: Cash Sales Credit Sales January $50400 $250500 February $45900 $244000 March $85900
Carla Vista Manufacturing Company expects the following sales in January, February, and March: Cash Sales Credit Sales January $50400 $250500 February $45900 $244000 March $85900 $329000 The controller has determined that the company collects credit sales as follows: 60% in the month of sale, 30% in the first month after sale, 5% in the second month after sale, and 5% is expected to be uncollectible. How much cash will be collected from customers in March? The controller has determined that the company collects credit sales as follows: 60% in the month of sale, 30% in the first month aft sale, 5% in the second month after sale, and 5% is expected to be uncollectible. How much cash will be collected from customers in March? $356500 $369025 $283125 O $414900
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