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What is the total expected cash collections to be received

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Reference no: EM133051401

Question - Assume that your credit sales for March was $36,610, for April was $21,068 and May was $23,002. If credit sales are collected 55% during the month of sale, 25% the month following the sale, and 15% in the second month following the sale, what is the total expected cash collections to be received in May? Round your answer to one dollar.

Reference no: EM133051401

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