Mercer,Inc.had the following sales for the past six months.Mercer collects its credit sales 30% in the month of sale,60% one month after the sale,and 10% two months after the sale. 
What are Mercer's total cash receipts for the month of March?
A) $99,500
B) $119,000
C) $150,000
D) $154,500
Correct Answer:
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