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Tidwell Corporation sells a single product for $20 per unit. All sales are on account, with 60% collected in the month of sale and 40% collected in the following month. A partial schedule of cash collections for January through March of the coming year reveals the following receipts for the period: Inventories are maintained at 30% of the following month’s sales. the sales of the march are $130000. how much Tidwell must purchase in February is A. 130,850 B. 140,900 C. 116,000 D. 74,750 |