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The CDC Co., Inc. anticipates to have sales of $30,000 in April, $33,000 in May, and $38,000 in June. If twenty percent of sales are
The CDC Co., Inc. anticipates to have sales of $30,000 in April, $33,000 in May, and $38,000 in June. If twenty percent of sales are for cash, forty percent are credit sales paid in the month following the sale, and forty percent are credit sales paid 2 months following the sale, what are the cash receipts from sales in June? * 5 points O $55,000 O $47,400 O $38,000 O $32,800 O $30,000
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