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Cash Receipts from Credit Sales Walmart's budgeted sales are as follows: January $150,000 February $160,000 March $172,000 The company expects to collect 75% of a

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Cash Receipts from Credit Sales Walmart's budgeted sales are as follows: January $150,000 February $160,000 March $172,000 The company expects to collect 75% of a month's sales in the month of sale and 25% in the following month. Question - What are the cash collections for February? Show your work. You may answer below or use attached spreadsheet. Question - What are the cash collections for February? Show all of your work. February collections will include: Total collections in February

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