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Company Big Shoes sells oversized adult shoes. 54.00% of its sales are collected in cash, with 2.09% discount; 14.00% of its sales are 30-day credit
Company Big Shoes sells oversized adult shoes. 54.00% of its sales are collected in cash, with 2.09% discount; 14.00% of its sales are 30-day credit sales and cash will be collected one month later; the rest of sales are 60-day credit sales and cash will be collected two months later.
Big Shoes' current month sales is $540.00 million dollars, last month's sales was $600.00 million and sales from two months ago was $560.00 million.
How much cash will the company collect in total this month?
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