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Calculate cash collections from customers for each month

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Reference no: EM132507626

Question 1: Bruno Industries expects credit sales for January, February, and March to be $196,000, $260,000, and $312,100, respectively. It is expected that 70% of the sales will be collected in the month of sale, and 30% will be collected in the following month. Calculate cash collections from customers for each month.

Reference no: EM132507626

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