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Company Big Shoes sells oversized adult shoes. 59.00% of its sales are collected in cash, with 2.67% discount; 11.00% of its sales are 30 -day
Company Big Shoes sells oversized adult shoes. 59.00% of its sales are collected in cash, with 2.67% discount; 11.00% 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 $560.00 million dollars, last month's sales was $540.00 million and sales from two months ago was $560.00 million. How much cash will the company collect in total this month? Note: your answer should be in millions of dollars. Your Answer: Answer units
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