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How much cash is expected to be collected

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Question: Month Total Sales January $15,000 February $16,000 March $18,000 April $14,000 On average, 50% of the total sales are cash sales which will be collected in the month of sale, and the remaining are credit sales. Collections from credit sales are 60% in the month following the sale, 40% two months following the sale. How much cash is expected to be collected in April?

Reference no: EM132763020

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