Question
Your Health clinic collects 70% of credit sales in the month of sale, 20% in the month after the sale, and 5% in the 2nd
Your Health clinic collects 70% of credit sales in the month of sale, 20% in the month after the sale, and 5% in the 2nd month after the month of sale. If revenue was $80,000 in July, and $100,000 in August, and $90,000 in September, how much cash did JJ collect in September?
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Islamic FinanceA Practical Perspective
Authors: Nafis Alam, Lokesh Gupta, Bala Shanmugam
1st Edition
3319665588, 9783319665580
