## Answers

"A company collects 60% of its sales during the month of the sale" ___ October sales are 30,000 ___ so the company collects 18,000 in Oct., from Oct. "30% one month after the sale" ___ September sales are 20,000 ___ so the company collects 6,000 in Oct., from Sept. "10% two months after the sale" ___ August sales are 10,000 ___ so the company collects 1,000 in Oct., from Aug. the company collects a total of 25,000 in October (18000 + 6000 + 1000).

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