The sales for october november and december are 20000 24000, Ask an Expert

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The sales for October, November and December are $20,000, $24,000 and $36,000, respectively. For any particular month of sales, the following percentages are received over time in cash: 10% in cash from that same month of sales; 60% in cash from the previous month's sales; and, 30% in cash from the sales from two months ago. What amount of cash will be received during December?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91535849

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