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W CORP HAS THE FOLLOWING TOTAL SALES DATA: JANUARY FEBRUARY MARCH 300,000 318,000 290,000 CREDIT SALES REPRESENT 75 PERCENT OF TOTALSALES.CREDIT SALES ARE COLLECTED 30
W CORP HAS THE FOLLOWING TOTAL SALES DATA: JANUARY FEBRUARY MARCH 300,000 318,000 290,000 CREDIT SALES REPRESENT 75 PERCENT OF TOTALSALES.CREDIT SALES ARE COLLECTED 30 PERCENTIN THE MONTH OF SALE, 50 PERCENT IN THE FIRSTMONTH AFTER SALE AND 18 PERCENT IN THESECOND MONTH AFTER SALE. A 2 PERCENTDISCOUNT IS PROVIDED CUSTOMERS WHO PAY INTHE MONTH OF SALE (EITHER CASH OR CREDIT).WHAT ARE TOTAL ESTIMATED CASH COLLECTIONSDURING MARCH? MARCH CASH COLLECTION
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