Business, 21.06.2020 20:57 daniella999sandoval
The company predicts that 5 percent of its credit sales will never be collected, 35 percent of its sales will be collected in the month of the sale, and the remaining 60 percent will be collected in the following month. Credit purchases will be paid in the month following the purchase. In March 2019, credit sales were $561,000.
Answers: 3
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The company predicts that 5 percent of its credit sales will never be collected, 35 percent of its s...
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