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Business, 23.02.2021 01:00 mckennayoshz

Graham Potato Company has projected sales of $10,200 in September, $13,500 in October, $20,200 in November, and $16,200 in December. Of the company's sales, 30 percent are paid for by cash and 70 percent are sold on credit. Experience shows that 40 percent of accounts receivable are paid in the month after the sale, while the remaining 60 percent are paid two months after. Determine collections for November and December.

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Graham Potato Company has projected sales of $10,200 in September, $13,500 in October, $20,200 in No...
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