A company collects 60% of its sales during the month of the - 4227

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. 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 

 
Solution Description

. A company collects 60% of its sales during the month of the sal