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Kam department store reported the following information for

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Kam Department Store reported the following information for 2013: October November December Budgeted sales $1,240,000 $1,160,000 $1,440,000 · All sales are on credit. · Customer amounts on account are collected 50% in the month of sale and 50% in the following month. How much cash will Kam receive in November?

Reference no: EM13611037

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