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Fill in the blanks below: Here is a forecast of sales by National Bromide for the first 4 months of 2015 (figures in thousands of
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Here is a forecast of sales by National Bromide for the first 4 months of 2015 (figures in thousands of dollars): On average, 60% of credit sales are paid for in the current month, 20% in the next month, and the remainder in the month after that. What are the expected cash collections in months 3 and 4? (Enter your answers in whole dollars.)Step by Step Solution
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