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Expected total cash collected please help A company forecasts the following: Sales January/$100,000 February/$100,000 For sales of each month, 20% is collected in the month

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A company forecasts the following: Sales January/$100,000 February/$100,000 For sales of each month, 20% is collected in the month of the sale while the rema 80% is collected one month after the sale Determine the expected total cash to be collected during February. $30,000 $80,000 $110,000 $120,000 $140,000

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