What is the amount of the march cash collections

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Reference no: EM132058286

ABC Company has projected Sales of $7,938 in January. The sales are expected to grow by 12% each month. ABC's collection schedule is as follows:

ABC collects 14 percent of its sales in the month of sale and the remainder is collected in the following month. What is the amount of the March cash collections?

Reference no: EM132058286

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