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a company's history indicates that 25% of its sales are for cash and the rest are on credit. collections on credit sales are 25% in the month of the sale, 40% in the month after the sale, 20% in the second month after the sale and 15% is uncollectible. projected sales for december, january, and february are $67,000, $92,000 and $102,000, respectively. the february expected cash receipts from current and prior credit sales is: multiple choice $41,475 $56,775 $72,075 $18,690 $77,600

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