Chadmark total receipts for typical month

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Chadmark Corporation's budgeted monthly sales are $3,000. 40 percent of its customers pay in the same month and take the 2 percent discount. The remaining 60 percent pay in the month following the sale and don't receive a discount. Chadmark's total receipts for a typical month i.

$1,652

$1,543

$2,976

$2,408

$3,200

Reference no: EM131328097

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