Business, 06.04.2021 04:20 76KamLan

On average, 45% of the sales on account are collected in the month of sale, 28% are collected in the month following sale, 16% are collected in the second month following sale, and the remaining 11% is collected three months after the month of sale. Calculate the total expected cash collections for the month of April.

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On average, 45% of the sales on account are collected in the month of sale, 28% are collected in the...

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