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Granger Co. reports the following information from its sales account and sales budget: Cash sales make up 35% of total sales and all credit sales
Granger Co. reports the following information from its sales account and sales budget: Cash sales make up 35% of total sales and all credit sales are expected to be collected in the month following the date of sale. Based on this information from Granger, compute the total amount of cash expected to be received from customers in February. Show your work
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