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Business, 07.05.2020 03:11 warnene17

17. Duck-n-Run has projected sales of $120,000 for January, $118,000 for February, and $146,000 for March. The firm collects 55 percent in the month of sale, 43 percent in the month after sale, and 2 percent two months after sale. The accounts receivable balance at the end of the previous quarter was $27,000 of which $22,000 was uncollected December sales. What is the amount of the January collections?

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17. Duck-n-Run has projected sales of $120,000 for January, $118,000 for February, and $146,000 for...

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