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Use the information below to answer the following questions.
Sales in December were $960,000. Projected sales for the first quarter of 2018 are: Sales are 20% cash and 80% on credit. Debtors pay in the month following the sale.
-Refer to the table above. Calculate the total cash sales for the three months, January, February and March.
Air Suspension
A type of vehicle suspension system powered by air pressure from an onboard compressor or external source, providing adjustable ride quality and vehicle height.
Leveling Valve Ride Height
A component in air suspension systems that adjusts the ride height of a vehicle by controlling the air flow into or out of the air springs.
Spin Balancing
Spin Balancing is a process used to equalize the weight distribution on a tire and wheel assembly to minimize vibration at high speeds, ensuring a smoother ride and longer tire life.
Internal Balancing Agent
A material used inside tires or other rotating components to automatically distribute weight evenly and reduce vibration.
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