Multiple Choice
The sales terms for a company are 10 percent down and the balance due by the end of the following month.Sales for January, February and March were $8,500, $11,500 and $13,000 respectively.The cash collections from operations for the month of February would be closest to?
A) $7,600
B) $8,800
C) $10,350
D) $11,500
Correct Answer:
Verified
Correct Answer:
Verified
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