If excel inc has projected sales of 40000 in january 30000, Ask an Expert

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If Excel Inc. has projected sales of $40,000 in January, $30,000 in February, and $20,000 in March; 20% of sales are in cash and 80% of sales are on credit ( whitch are collected in the month following the sale); What are the cash receipts for February and March?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91779246

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