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OWAY Compration prepared the following sales budget: Credit collections 30% in the month of sale, 50% in the month following the sale, and 15% two
OWAY Compration prepared the following sales budget: Credit collections 30% in the month of sale, 50% in the month following the sale, and 15% two months following the sale. The remaining 5% is expected to be uncollectible. What are the total cash collections in March? 521,500 $75,600 563,500 $65,900
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