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natima [27]
1 year 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]1 year 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
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almond37 [142]1 year ago
7 0

Answer:

lociento esta en ingles

Explanation:

lociento

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Consider a university that purchases replacement chairs for its classrooms. The purchasing manager knows that the annual demand
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ValentinkaMS [17]

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3 years ago
The owner of an orange grove must decide when to pick one variety of oranges. She can sell them for $27 a bushel if she sells th
uysha [10]

Answer:

The oranges should be picked in 2 weeks for maximum return

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We assume that the return of the owner is y ($)

Assume that the number of weeks the oranges should be picked to have maximum return is x (weeks). (x≥0)

If collect now, the price for each bushel is $27

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=> After x weeks, the price of a bushel decrease: 1.5x ($)

=> The price of 1 bushel after x weeks is: 27 - 1.5x ($)

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As the yield increases by half a bushel per week for the next 5 weeks

=> After x weeks with x ≤ 5, each trees would yields: 7 + 0.5x (bushels)

The return = The price of each bushes × The quantity of bushels

=> y = (27-1.5x)(7+0.5x)

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