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How much cash will be collected in February

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Question - Dannie's Tech Store collects 55% of its accounts receivable in the month of sale and 40% in the month after the sale. Given the following sales, how much cash will be collected in February?

December 2017 $20,000,

January 2018 60,000,

February 2018 70,000.

Reference no: EM132742604

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