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Business, 07.08.2021 01:00 alvfran1041

Penguin Company expects total sales of $600,000 for December, $500,000 for January and $450,000 for February. Assume the sales are collected as follows:. 50% in the month of the sale
30% in the month after the sale
20% two months after the sale
What is the total Cash Collections expected in Februrary?

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Penguin Company expects total sales of $600,000 for December, $500,000 for January and $450,000 for...
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