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What is the amount of the march cash collections

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Reference no: EM132144488

ABC Company has projected Sales of $19810 in January. The sales are expected to grow by 10% each month. ABC's collection schedule is as follows:

ABC collects 88 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: EM132144488

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