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papahomer papahomer
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6 years ago
Broad Cloth, Inc.'s average collection period is 15 days. The vice-president of marketing has projected credit sales of $2. million for October, $2.5 million for November and $3 million for December. Compute cash collections for November and December. Assume that all months have 30 days.
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Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
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vanrheevanrhee
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