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Star Company projected unit credit sales for the last four months of the year as shown below: September October 3,900 4,100 5,000 6,500 November December
Star Company projected unit credit sales for the last four months of the year as shown below: September October 3,900 4,100 5,000 6,500 November December The company's past records show collection of credit sales as 60% in the month of sale and the balance in the following month. If inventory units are sold for $25, the total cash collections on receivables in November will be
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