Atlanta company expects a total of 20000 sales in june. of, Ask an Expert

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Atlanta Company expects a total of $20,000 sales in June. Of these, credit sales are expected to be $12,000. Collections are 50% in the month of sale, 40% in the month following the sale, and 5% two months following the sale. The remaining 5% is expected to be uncollectible. what is the estimated cash collection in June from June sales.

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