augiebear3611 augiebear3611

16-05-2024
Business

Answered

Assume durango co. had sales of $100,000 for the month of november. sales are expected to grow 10% each month. the company collects 60% of sales in the month of sale and 40% in the month after sale. projected cash collections for december total ______.
A. $40,000
B. $110,000
C. $106,000
D. $66,000

Answer :

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