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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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Lori had a great day at work and has a positive attitude. When she arrives home, she maintains this positive attitude and is in
kondaur [170]

Answer:

b. work-family enrichment

Explanation:

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8 0
3 years ago
Bramble Corp. has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expected sales
Alexeev081 [22]

Answer:

160,000 units

Explanation:

Step 1 : Determine the Sales Mix

Bramble : Standard

60000 : 40000

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Step 2 : Determine the Overall Break even Point

Break even Point = Fixed Cost ÷ Contribution per unit

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Step 3 : Determine break-even point for Standards

Standards Break even point = 80,000 x 2

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Bramble Corp would sell 160,000 units of Standards at the break-even point

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3 years ago
The Securities and Exchange Commission (SEC) may discipline accountants. Under its disciplinary powers, the SEC may suspend an a
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D. Conviction of a felony.

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Bud exchanges land with an adjusted basis of $ 22,000 and a fair market value of $ 30,000 for another parcel of land with a fair
erastovalidia [21]

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Bud exchanges land with an adjusted basis of $ 22,000 and a fair market value of $ 30,000 for another parcel of land with a fair market value of $ 28,000 and $2,000 cash.

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This is a transaction of like kind exchange.

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3 years ago
According to SEC independence regulations,
Komok [63]

Answer: Option (b) is correct.

According to Securities and Exchange Commission independence code:   Pre-approval of accountants' work may be in reconciliation with comprehensive policies and transaction rather than categorical.

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