The sales for January,February,and March are $2,000,$6,000 and $10,000,respectively.For any particular month of sales the following percentages are received over time in cash for any given month: 50% in cash from that same month of sales;30% in cash from the previous month's sales;and 20% in cash from the sales from two months ago.What amount of cash will be received during March?
A) $8,200
B) $7,600
C) $7,200
D) $6,600
Correct Answer:
Verified
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