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Superior Industries expects to have sales of $400,000 in January, $425,000 in February, $389,000 in March, and $394,000 in April. Twenty percent of the firms
Superior Industries expects to have sales of $400,000 in January, $425,000 in February, $389,000 in March, and $394,000 in April. Twenty percent of the firms sales are cash sales, and all credit sales are collected in the month following the sale. How much cash should Superior expect to receive in March?
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