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Business, 24.04.2020 17:08 ineedhelp2285

Ratchet Manufacturing anticipates total sales for August, September, and October of $390,000, $305,000, and $315,500 respectively. Cash sales are normally 20% of total sales and the remaining sales are on credit. All credit sales are collected in the first month after the sale. Compute the amount of cash received for September.

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Ratchet Manufacturing anticipates total sales for August, September, and October of $390,000, $305,0...

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