Forever 39 Has Found That 30% of Its Sales Are

question 25

Multiple Choice

Forever 39 has found that 30% of its sales are collected in the month of the sale and the remainder of the sales is collected in the next month.If sales are expected to be $100,000 in April, $120,000 in May, and $80,000 in June, what is the estimated amount of cash receipts for May?

• A)$114,000
• B)$106,000
• C)$92,000
• D)$108,000

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Definitions:

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An approach within social and natural sciences that analyzes psychological structures through the lens of contemporary evolutionary theory.

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Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

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A pioneering American psychologist and philosopher known for his contributions to pragmatism and functional psychology.