Business, 07.04.2020 19:41 babyface1686

On average, 35% of the sales on account are collected in the month of sale, 40% are collected in the month following sale, 10% are collected in the second month following sale, and the remaining 15% is collected three months after the month of sale. Calculate the expected cash collections for April.

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On average, 35% of the sales on account are collected in the month of sale, 40% are collected in the...

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