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The sales for January, February, and March are $22,000, $36,000 and $50,000, respectively. For any particular month of sales the following percentages are received over time in cash for any given month: 60% in cash from that same month of sales; 30% in cash from the previous month's sales; and 10% in cash from the sales from two months ago. What amount of cash will be received during March? A. $43,000 B. $50,000 C. $26,600 D. $81,200
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The sales for January, February, and March are $22,000, $36,000 and $50,000, respectively. For an...
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