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Boylan Inc

Question 74

Multiple Choice

Boylan Inc. has projected the following sales information for the first quarter of 2013: Boylan Inc. has projected the following sales information for the first quarter of 2013: Credit sales are collected over a two-month period, with 55 percent collected in the month of sale and 45 percent collected in the month following sale. Total cash collections for March are: A) $55,900 B) $93,650 C) $70,250 D) $95,900 Credit sales are collected over a two-month period, with 55 percent collected in the month of sale and 45 percent collected in the month following sale.
Total cash collections for March are:


A) $55,900
B) $93,650
C) $70,250
D) $95,900

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