A Company Collects 60% of Its Sales During the Month

question 17

Multiple Choice

A company collects 60% of its sales during the month of the sale, 30% one month after the sale, and 10% two months after the sale. The company expects sales of $10,000 in August, $20,000 in September, $30,000 in October, and $40,000 in November. How much money is expected to be collected in October?

• A) $25,000
• B) $15,000
• C) $35,000
• D) None of the above

---

Definitions:

Occam's Razor

A principle suggesting that the simplest explanation is often the correct one when presented with competing hypotheses.

Countertransference

A psychological phenomenon where therapists project their own personal biases, feelings, and experiences onto their patients.

Topographic Model

A theory in psychoanalysis introduced by Freud that divides the human psyche into the conscious, preconscious, and unconscious.

Conscious Mind

The aspect of the mind that involves awareness of the self, the environment, and one's thoughts, feelings, and experiences at any given moment.