Sales are on cash and the remainder are on credit.

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ABC Company has the following projected sales: Month Sales $ Jan 31,680 Feb 26,920 Mar 23,444 Apr 49,771 22% of the sales are on cash and the remainder are on credit. Out of the credit sales, 53% are collected in the first month after sale, 24% are collected in the second month after sale, and the remainder are collected in the third month after sale. What is the amount of the April collections?

Reference no: EM131087615

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