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The management of horton company estimates that credit

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The management of Horton Company estimates that credit sales for August, September, October, and November will be $270,000, $375,000, $420,000, and $240,000, respectively. Experience has shown that collections are made as follows: In month of sales 25% In first month after sale 60% In second month after sales 10% Determine the collections from customers in October and November.

Reference no: EM13599979

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