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The CFO of an internet service provider gets the estimates of the company's sales forecast for the coming quarter ( September , October, and November
The CFO of an internet service provider gets the estimates of the company's sales forecast for the coming
quarter September October, and November as $$ and $ respectively. The
collections team estimates that of the customers pay in the month of the sales Month and get a
discount of of the customers pay in Month and of the customers pay in Month The bad
debt, as a percentage of the sales, is and is written off after two months of the sale.
What is the expected cash flow in November?
Less
$
$
$
$
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