XYZ Company expects the following sales and collection pattern for the first 4 months of the year. | Cheap Nursing Papers
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XYZ Company expects the following sales and collection pattern for the first 4 months of the year.

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•        5% of credit sales are collected in the same month.

•        75% of sales are collected in the following month.

•        15% of sales are collected in the second following month.

What are the projected cash collections for the month of March?

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