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What is the amount of the april cash collections

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Reference no: EM132414209

ABC Company has projected Sales of $8,672 in January. The sales are expected to grow by 14% each month. ABC's collection schedule is as follows:

ABC collects 27 percent of its sales in the month of sale and the remainder is collected in the following month. What is the amount of the April cash collections?

Reference no: EM132414209

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