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What is the amount of the september collections

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Reference no: EM131752019

1. ABC Company has the following projected sales:
Month
Sales
June $5,643
July $7,656
August $18,669
September
$36,437

39% of the sales are collected in the same month.
10% of the sales are collected after one month,
8% of the sales are collected after two months, and
the remainder are collected after three month.

What is the amount of the September collections?

Reference no: EM131752019

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