Toscano Provided Information on Sales as Follows -Refer to Figure 9-6

question 103

Multiple Choice

$\begin{array}{lr}\text {Percent paid in the month of sale }&25\%\\\text {Percent paid in the month after the sale }&64\%\\\text { Percent paid in the second month after the sale}&5\%\\\end{array}$
Toscano provided information on sales as follows:
$\begin{array}{ll}\text { May } & \$ 140,000 \\\text { June } & \$ 115,000 \\\text { July } & \$ 126,000 \\\text { August (expected) } & \$ 132,000\end{array}$
-Refer to Figure 9-6. How much of June credit sales are expected to be collected in the month of July?

• A) $30,000
• B) $60,000
• C) $36,000
• D) $73,600
• E) $80,000

---

Definitions:

Extraversion

A personality trait characterized by outgoingness, high energy, and a preference for social situations, contrasting with introversion.

Big Five

A personality model that proposes five broad dimensions used to describe human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Comprehensive

Including or dealing with all or nearly all elements or aspects of something, often related to a detailed and complete approach.

Reciprocally Deterministic

The concept in psychology that a person's behavior is both influenced by and influences their personal factors and the environment.