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Kaspar Industries expects credit sales for January, February, and March to be $209,000, $269,700, and $314,200, respectively. It is expected that 75% of the sales
Kaspar Industries expects credit sales for January, February, and March to be $209,000, $269,700, and $314,200, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month. Collections from Customers January February March Credit Sales January $ February March
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