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natima [27]
2 years ago
14

Soup Inc. has the following budgeted sales: January $60,000, February $80,000, and March $90,000. 40% of the sales are for cash

and 60% are on credit. For the credit sales, 75% are collected in the month of sale, and 25% the next month. The total budgeted cash receipts for March are:
Business
2 answers:
kupik [55]2 years ago
8 0

$561000
Given: $60,000 in January, $80,000 in February, and $90,000 in March. 60 percent of sales are made with credit, while 40 percent are made in cash. For credit sales, 75% of the money is collected in the month of the sale and 25% in the next month.
Cash receipts March:

Sales in cash March= (90,000*0.4)= 36000

Sales on account March= (90,000*0.6)*7.5= 405000

Sales on Account February= (80,000*0.6)*2.5= 120000

Total budgeted cash= $561000
The total budgeted cash receipts for March are $561000
Read more about budgeted cash receipts on- brainly.com/question/18849290
#SPJ4

almond37 [142]2 years ago
7 0

Answer:

lociento esta en ingles

Explanation:

lociento

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The board of directors, employees, and owners are an organization's internal stakeholders.

<h3>What is the role of internal stakeholders?</h3>

People who have a direct interest in a company, such as through employment, ownership, or investment, are said to be internal stakeholders. External stakeholders are people who do not directly work for a company but are nonetheless impacted in some way by the decisions and results of the enterprise. They participate in the company's management and have voting rights.

They are both members of the board of directors and the company's largest investors. As a result, they possess all the authority that other members of higher-level management do and are able to alter the course of the business. According to research, employees are by far the most significant stakeholder group for organizations, coming out ahead of clients, vendors, neighborhood associations, and shareholders by a wide margin.

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7 0
1 year ago
At the beginning of 2017, Aristotle Company acquired a mine for $970,000. Of this amount, $100,000 was ascribed to the land valu
viktelen [127]

Answer: $225,000

Explanation:

Given that,

Company acquired a mine = $970,000 of this amount,

Land value = $100,000 and remaining  portion to the minerals in the mine

Ore appear to be in the mine = 12,000,000 units

Aristotle incurred development costs = $170,000

fair value of its obligation = $40,000

ore were extracted = 2,500,000 units

Units sold = 2,100,000

Depletion\ per\ unit = \frac{Mine\ acquiring\ cost + Development\ cost + Fair\ value\ of\ land - land\ value}{Ore\ appear\ to\ be\ in\ the\ mine}

                                       =\frac{970,000 + 170,000 + 40,000 - 100,000}{12,000,000}

                                       = $0.09 depletion per unit

The total amount of depletion for 2017 =  depletion per unit × ore were extracted

                                                                 = $0.09 × 2,500,000

                                                                 = $225,000

7 0
3 years ago
Jeff believes he will need $60,000 annual income during retirement. if he can achieve a 6% return during retirement and believes
Paul [167]
The answer to this question is C, $5,790. Jeff will need $5,790.
3 0
3 years ago
Do you think most employers are serious about the development of their employees or are they only concerned with productivity?
Mandarinka [93]

Answer:

Productivity is the phenomena of the world economies. It is important for the development and growth.

Explanation:

There are many international and national organization that take care about their employees growth. But many of organization are there which is only think about the productivity not about their employees. The industrial organization psychology worked on this concepts. Many research has been done just because to find out about the employees condition and productivity in an organization.

It is very important for employers if they think about the mental, physical health of their employees it affects the productivity. If employees are satisfied with the environment and policy of a company then productivity will also increase side by side.

3 0
3 years ago
The finance minister of a developing country demands a heavy payment for the approval of a multi-million dollar contract with a
OverLord2011 [107]

Answer:

Extortion

Explanation:

Extortion is the act of threatening or forcing another party to give you something, most of the time money.

In this case the minister in the developing country is demanding for payment before giving approval for the multi-million dollar contract.

The threat the minister is using against the company is to not approve Thier contract.

6 0
3 years ago
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