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QUESTION 35 Alice Supply Corporation manufactures and sells cotton gauze for $2 a box. Expected sales of gauze (in boxes) for upcoming months are as
QUESTION 35 Alice Supply Corporation manufactures and sells cotton gauze for $2 a box. Expected sales of gauze (in boxes) for upcoming months are as follows: # of boxes August......... September.............. October.... 60,000 75,000 100,000 All sales are on credit. Suppose Alice collects 70% of credit sales in the month of sale, and collects 30% in the following month. How much sales revenue will the company report for September? o A. $165,000 OB. $150,000 o C. $176,500 OD. $141,000
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