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During its first year of operations,Fertig Companyhad credit sales of $3,000,000, of which $400,000remained uncollected at year-end. The credit manager estimates that $18,000of these

During its first year of operations,Fertig Companyhad credit sales of $3,000,000, of which $400,000remained uncollected at year-end. The credit manager estimates that $18,000of these

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