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Carmen's Dress Delivery operates a mail - order business that sells clothes designed for frequent travelers. It had sales of $ 6 1 0 ,
Carmen's Dress Delivery operates a mailorder business that sells clothes designed for frequent travelers. It had sales of $ in December. Because Carmen's Dress Delivery is in the mailorder business, all sales are made on account. The company expects a percent drop in sales for January. The balance in the Accounts Receivable account on December was $ and is budgeted to be $ as of January
Required
a Determine the amount of cash Carmen's Dress Delivery expects to collect from accounts receivable during January.
Expected cash collection
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