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Business, 24.03.2020 21:15 monster5368

Camellia, a merchandising company, has provided the following extracts from their budget for the first quarter of the forthcoming year: Jan Feb March Sales (25% cash) $ 550 comma 000 $ 600 comma 000 $ 800 comma 000 The company collects 60% of credit sales in the same month and the balance in the next month. Calculate the collections from the customers for the month of February. A. $ 585 comma 000 B. $ 420 comma 000 C. $ 600 comma 000 D. $ 435 comma 000

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