A firm expects to have sales of : JANUARY FEBRUARY MARCH $ 30,000 $ 35,000 $ 40,000 Collection Percentages: 20% of sales are for cash 40% are credit sales paid in the month following the sale 40% are credit sales paid 2 months following the sale What are the cash receipts for the firm in March?

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.