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Coronado Industries expects credit sales for January, February, and March to be $198,000, $234,000, and $270,000, respectively. It is expected that 75% of the
Coronado Industries expects credit sales for January, February, and March to be $198,000, $234,000, and $270,000, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Credit Sales January January $ February March Collections from Customers February March $ $ A
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