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Suppose a company did $2,000,000 in annual maintains in 2013 and expects 90% of those to renew of 2014. Suppose that product sales for 2013
Suppose a company did $2,000,000 in annual maintains in 2013 and expects 90% of those to renew of 2014. Suppose that product sales for 2013 were $2,000,000(which included free maintenance in2013) and 70% of those were expected to pay an annual maintenance of 15% of the purchase price in 2014. what will be the annual maintenance collected in 2014
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