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What is the sales forecast for january

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Question - ABC Company has sales forecast for the following: February = $40,000; March = $65,000. All sales are on account and are collected as follows: 20% in the current month, 50% in the month following, 25% in the second month following, and 5% uncollectible. If the total cash receipts for March equal $48,250, What is the sales forecast for January?

Reference no: EM132050466

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