XYZ Company expects the following sales and collection pattern for the first 4 months of the year. Month Cash Sales Credit Sales Total Sales January $12,000 $23,000 $35,000 February $8,000 $22,000 $30,000 March $9,000 $25,000 $34,000 April $11,000 $28,000 $39,000 • 5% of credit sales are collected in the same month. • 75% of sales are collected in the following month. • 15% of sales are collected in the second following month. What are the projected cash collections for the month of March? Group of answer choices $17,250 $21,200 $30,200 $41,200

Total marketing effort is a term used to describe the critical decision factors that affect demand: price, advertising, distribution, and product quality. define the variable x to represent total marketing effort. a typical model that is used to predict demand as a function of total marketing effort is based on the power function: d = axb suppose that a is a positive number. different model forms result from varying the constant b. sketch the graphs of this model for b = 0, b = 1, 0< b< 1, b< 0, and b> 1. (we encourage you to use excel to do this.) what does each model tell you about the relationship between demand and marketing effort? what assumptions are implied? are they reasonable? how would you go about selecting the appropriate model?