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Nico Robin has forecast credit sales for the fourth quarter of the year as follows: Experience has shown that 30 percent of sales are collected
Nico Robin has forecast credit sales for the fourth quarter of the year as follows: Experience has shown that 30 percent of sales are collected in the month of sale, 60 percent in the following month, and 10 percent are never collected. Calculate the total cash receipts for the month of November only
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