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Compute cash collections from customers for each month

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Sandhill Industries expects credit sales for January, February, and March to be $203,400, $267,600, and $317,300, respectively. It is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month.

Compute cash collections from customers for each month.

Collections from Customers

Credit Sales January February March

January

February

March

Reference no: EM132344187

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