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

$26,250

Explanation:

If may sales were $75,000

July collection for may sales will be?

May sales month

June... first month after sales

July ... second month fater sales..of which 35 % is collected

July's collection will be 35/100 x 75,000

=0.35 x$75,000

=$26,250

answer; /// the best answer to the above question is; the main economic goal that a society consider when deciding the best way to distribute its wealth is equity, this to ensure that all resources are equally distributed; ///(a) (economic equity)

hello the answer is d