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Business, 19.10.2021 14:00 angelamalcom2913

Ratchet Manufacturing anticipates total sales for August, September, and October of $360,000, $290,000, and $300,500 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 $360,000, $290,0...
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