Abc company has projected sales of 7938 in january the, Ask an Expert

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ABC Company has projected Sales of $7,938 in January. The sales are expected to grow by 12% each month. ABC's collection schedule is as follows:

ABC collects 14 percent of its sales in the month of sale and the remainder is collected in the following month. What is the amount of the March cash collections?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93045762

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