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The company expects a 10% increase in sales per month for May and June. Also, the company expects to collect cash from receivables in the

The company expects a 10% increase in sales per month for May and June. Also, the company expects to collect cash from receivables in the month following the month in which the receivables are established. The total amount of cash collected in May would be

Multiple Choice

$1,650.00.

Incorrect

$4,965.00.

$1,560.00.

$1,815.00.

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