If excel inc has projected sales of 20000 in january 15000


if excel inc. has projected sales of $20,000 in january, $15,000 in february, and $30,000 in march 80% of sales are on credit 20% are collected in the month of sale and 80% are collected the month after, what are cash receipts in march?

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Finance Basics: If excel inc has projected sales of 20000 in january 15000
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