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Star Company projected unit credit sales for the last four months of the year as shown below: September 4,600 October 4,800 November 5,700 December 7,200
Star Company projected unit credit sales for the last four months of the year as shown below: September 4,600 October 4,800 November 5,700 December 7,200 The company's past records show collection of credit sales as 50% in the month of sale and the balance in the following month. If inventory units are sold for $26, the total cash collections on receivables in November will be
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