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X Company has the following budgeted sales January - $300,000; February - $250,000; March - $400,000. 60% of the company's sales are cash sales. 80%
X Company has the following budgeted sales January - $300,000; February - $250,000; March - $400,000. 60% of the company's sales are cash sales. 80% of the credit sales are collected in the month of the sale and 20% in the following month. Compute cash collections from customers for the month of February Do use any dollar signs or commas. For example, enter $18,000 as 18000
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