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E9.22 Cash receipts: retailer LO 9.7 Boutique Ltd is a retailer of ladies' fashion and has the following historical collection pattern for its credit sales:

E9.22 Cash receipts: retailer LO 9.7 Boutique Ltd is a retailer of ladies' fashion and has the following historical collection pattern for its credit sales: 70 per cent collected in the month of sale ...

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