Business, 21.01.2020 07:31 bcampos5397

Forty percent of a firm’s sales are collected during the first month after the sale; 35% are collected during the second month following the sale; 20% are collected during the third month following the sale; 5% are collected during the fourth month. what cash is collected in july from may’s sales, which totaled $75,000?

$15,000
$3,750
$30,000
$26,250

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Forty percent of a firm’s sales are collected during the first month after the sale; 35% are collec...