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The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following sales, and
The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following sales, and 8%in the second month following the sale, The anticipated cash inflow for the month of March is A. 574560, B 615600, C. 633244, B. 603280
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Financial Accounting an introduction to concepts, methods and uses
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
13th Edition
978-0538776080, 324651147, 538776080, 9780324651140, 978-0324789003
