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Jane Doe saw a very short-term business opportunity to sell some goods over a five-day period as show below. She allowed purchasers to pay in
Jane Doe saw a very short-term business opportunity to sell some goods over a five-day period as show below. She allowed purchasers to pay in 2 days from the day of purchase. Day 1 2 3 4 5 Sales $500 $800 $1,000 $800 $500 How much cash did Jane receive on days 4 and 5? a. Day 4, $800; Day 5, $500 b. Day 4, $1,600; Day 5, $1,500 c. Day 4, $1,800; Day 5, $1,300 d. Day 4, $800; Day 5, $1,000
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