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21-12-2022
Business

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justin company's budget includes the following credit sales for the current year: september, $35,000; october, $46,000; november, $40,000; december, $42,000. credit sales are collected as follows: 20% in the month of sale, 55% in the first month after sale, 22% in the second month after sale, and 3% is uncollectible. how much cash can justin expect to collect in november as a result of current and past credit sales?

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