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Carmen's Dress Dellivery operates a mail-order business that sells clothes designed for frequent travelers. It...

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Accounting

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Carmen's Dress Dellivery operates a mail-order business that sells clothes designed for frequent travelers. It had sales of $630,000 in December. Because Carmen's Dress Delivery is in the mail-order business, all sales are made on account. The company expects a 21 percent drop in sales for January. The balance in the Accounts Recelvable account on December 31 was $97,400 and is budgeted to be $73,100 as of January 31 . Required a. Determine the amount of cash Carmen's Dress Delivery expects to collect from accounts recelvable during January

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