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Shown below is the sales forecast for Kalin Incorporated for the first four months of the coming year. On average, 5 0 % of credit
Shown below is the sales forecast for Kalin Incorporated for the first four months of the coming year.
On average, of credit sales are paid for in the month of the sale, in the month following sale, and the remainder are paid two months after the
month of the sale. Assuming there are no bad debts, the expected cash inflow in March is: CMA adapted
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