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How much cash does datan company expect to collect

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Reference no: EM132663400

Problem 1: Datan Company expects $550,000 of credit sales in March and $600,000 of credit sales in April. Datan Company historically collects 70% of its sales in the month of sale and 30% in the following month. How much cash does Datan Company expect to collect in April?

Reference no: EM132663400

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