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Home Q & A Board Other Fields Homework Help Business Finance
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samualson samualson
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6 years ago
A company collects 25% of its sales during the month of sale, 65% one month after the sale, and 10% two months after the sale. The company expects sales of $50,000 in August, $80,000 in September, $90,000 in October, and $60,000 in November. How much money is expected to be collected in October?
A) $90,000
B) $79,500
C) $55,000
D) $22,500
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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6 years ago
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samualson Author
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6 years ago
Literally the most helpful website ever
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#3
6 years ago
Monkey
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