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... over Company has budgeted the following credit sales during the last four months of the year: September, $17,000, ctober, $20,000; November $24,000; December,

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... over Company has budgeted the following credit sales during the last four months of the year: September, $17,000, ctober, $20,000; November $24,000; December, $35,000. Experience has shown that payment for the credit sales is ceived as follows: 40% in the month of sale, 40% in the first month after sale, 10% in the second month after sale, nd 10% uncollectible. How much cash can Clover Company expect to collect in November as a result of credit sales?

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