Shareholder measures of performance are directly influenced by product-market performance and profitability

Explain the relationship between a relative-frequency distribution and a probability distribution for any numerical population

Devin Corporation generally collects 20 percent of its sales in the month of sale, 30 percent in the next month, 40 percent in the next month, and 10 percent in the third month after the sale. Based on a sales forecast of $60 for March, $100 for April, $75 for May, and $85 for June, estimate cash collections for June

A) $80.5 B) $83.0 C) $85.5 D) $88.5