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Dolce Co. estimates its sales as follows Total Sales Quarter Unit Sales 1 200,000 $6,000,000 2 220,000 $6,600,000 3 240,000 $7,440,000 4 260,000 $8,060,000 All
Dolce Co. estimates its sales as follows Total Sales Quarter Unit Sales 1 200,000 $6,000,000 2 220,000 $6,600,000 3 240,000 $7,440,000 4 260,000 $8,060,000 All of Dolce's sales are credit sales for which 60% is received within the quarter the sale is made. The remainder is received in the quarter following sale, Dolce's expected CASH collections from credit sales in the third quarter are O $7,440,000 $6,936,000 O $6,360,000 O $7,104,000
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