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Calculate the value of credit sales
Calculate the value of credit sales
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Correct Answer: Option B
Explanation:
credit sales = 160%Â x 280,000 (cash receivable)
\(\frac{160}{100}\)Â x 280,000
1.6 x 280,000 = 448,000
credit sales = 448,000
credit sales = 160%Â x 280,000 (cash receivable)
\(\frac{160}{100}\)Â x 280,000
1.6 x 280,000 = 448,000
credit sales = 448,000