Question: Greetings, Not sure why I'm getting this problem wrong. Would really appreciate any help. Thank you! A company has projected the sales below for the
Greetings,
Not sure why I'm getting this problem wrong. Would really appreciate any help. Thank you!
A company has projected the sales below for the next four months. The company collects 41 percent of its sales in the month of sale, 44 percent in the month following the month of sale, 13 percent two months after the month of sale, and never collects 2 percent of its sales. How much will the company collect in April?
January February March April
Sales 137,300 143,900 151,975 165,400
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