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Jordan Gope expects $50,000 of total sales in February and $45,000 of total sales in March. Historically, Jordan collects 85% of total sales in the
Jordan Gope expects $50,000 of total sales in February and $45,000 of total sales in March. Historically, Jordan collects 85% of total sales in the month of sale and 15% in the following month. How much cash should Jordan expect in the month of March? Select one: a. $42,500 b. $49,250 c. $45,750 d. $6,750
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