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How much of this balance is collected in march

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Reference no: EM132956093

Question - A company's collection of Accounts Receivable is as follows:

30% in the month of the sale

40% in the month following the sale

20% in the second month following the sale

10% in the third month following the sale

If credit sales are $14,000 in January, how much of this balance is collected in March?

Reference no: EM132956093

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