Business
Business, 16.03.2020 23:16, aredwolf2017

Kam Department Store reported the following information for 2016: October November December Budget sales$1,240,000$1,160,000$1,440,000 All sales are on credit Customer amounts on account are collected 50% in the month of sale and 50% in the following month How much cash will Kam receive in November?a) $580,000. b) $1,300,000. c) $1,200,000. d) $1,160,000.

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