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30. A company collects 60% of its sales during the...

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30. A company collects 60% of its sales during the month of the sale, 30% one month after the sale, and 10% two months after the sale. The company expects sales of $10,000 in August, $20,000 in September, $30,000 in October, and $40,000 in November. How much money is expected to be collected in October? a. $25,000 b. $15,000 c. $35,000 d. None of the above

 

Paper#5529 | Written in 18-Jul-2015

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