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Sheffield Industries expects credit sales for January, February, and March to be $ 1 9 5 , 2 0 0 , $ 2 7 2

Sheffield Industries expects credit sales for January, February, and March to be $195,200,$272,400, and $310,200, respectively. It is
expected that 80% of the sales will be collected in the month of sale, and 20% will be collected in the following month. Calculate cash
collections from customers for each month.Sheffield Industries expects credit sales for January, February, and March to be $195,200, $272,400, and $310,200, respectively. It is expected that 80% of the sales will be collected in the month of sale, and 20% will be collected in the following month. Calculate cash collections from customers for each month.
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