SOLUTION: Pleae help me with this problem. 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 ex

Question 97125: Pleae help me with this problem.
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
Would the answer be d?

Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
That depends on which month was the "month of the sale".
Cheers,
Stan H.
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