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The sales forecast for the next four months is as follows: Sep Oct Nov Dec $ 2 5 0 0 0 0 $ 1 5
The sales forecast for the next four months is as follows:
Sep
Oct
Nov
Dec
$
$
$
$
Cash sales average per cent of total sales and credit sales are collected per cent in the month of sale and the rest in the month following sale. What are the estimated cash collections in October?
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