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Business, 25.03.2021 22:20 weirdojuwin

Memphis Company anticipates total sales for April, May, and June of $970,000, $1,070,000, and $1,120,000 respectively. Cash sales are normally 20% of total sales. Of the credit sales, 40% are collected in the same month as the sale, 55% are collected during the first month after the sale, and the remaining 5% are not collected. Compute the amount of cash received from total sales during the month of June. Multiple Choice$829,200.$730,400.$983,200.$1 ,053,200.$769,200.

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Memphis Company anticipates total sales for April, May, and June of $970,000, $1,070,000, and $1,120...
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