Seek Limited's average collection period is 15 days.The vice-president of marketing has projected credit sales of $2 million for October,$2.5 million for November and $3 million for December.Compute cash collections for November and December.Assume that all months have 30 days.

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The Answer of Seek Limited's average collection period is 15 days.The vice-president of marketing has projected credit sales of $2 million for October,$2.5 million for November and $3 million for December.Compute cash collections for November and December.Assume that all months have 30 days.

Seek Limited's Average Collection Period Is 15 Days