Projected sales for the next three months

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Door & Window Co. was organized on August 1 of the current year. Projected sales for the next three months are as follows: August $120,000 September 200,000 October 230,000 The company expects to sell 40% of its merchandise for cash. Of the sales on account, 25% are expected to be collected in the month of the sale and the remainder in the following month.

Reference no: EM131265924

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