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kondor19780726 [428]
2 years ago
14

The BRS Corporation makes collections on sales according to the following schedule: 30% in month of sale 60% in month following

sale 10% in second month following sale The following sales have been budgeted: Sales April $ 140,000 May $ 130,000 June $ 150,000 Budgeted cash collections in June would be:
Business
1 answer:
postnew [5]2 years ago
6 0

Answer:

$137,000

Explanation:

The computation of Budgeted cash collections in June is shown below:-

June sales collected in June = June Sales × Sale percentage

= $150,000 × 30%

= $45,000

May sales collected in June = May sales × Following month percentage

= $130,000 × 60%

= $78,000

April sales collected in June = June sales × Following second month percentage

= $140,000 × 10%

= $14,000

Total cash collections in June =June sales collected in June + May sales collected in June + April sales collected in June

= $45,000  + $78,000  + $14,000

= $137,000

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Answer:

E.

Explanation:

Based on the information provided within the question it can be said that you will be purchasing janitorial services. This is because from the description of your job tasks, you handle purchases of services. That being said the only service available to choose from the answers provided are janitorial services. Therefore it is the only option that falls into your job responsibilities.

3 0
3 years ago
Your sister just deposited $14,000 into an investment account. She believes that she will earn an annual return of 10.5 percent
Ilia_Sergeevich [38]

Answer:

You must deposit $14,824.07

Explanation:

Giving the following information:

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First, we need to calculate the future value of your sister:

FV= PV*(1+i)^n

FV= 14,000*(1.105^9)= $34,386.55

Now, we can determine your deposit:

PV= FV/(1+i)^n

PV= 34,386.55/ (1.098^9)= $14,824.07

3 0
3 years ago
Fairway's april sales forecast projects that 7,400 units will sell at a price of $11.90 per unit. the desired ending inventory i
Marianna [84]
Purchases = Sales units + Closing inventory - Beginning Inventory
                  = 7,400 + (2,400 * 120%) - 2,400
                  = 7,800 units
6 0
3 years ago
Joining a Meetup group in your area allows you to
kherson [118]

Answer:

The correct answer would be A, Find out what your competitors are doing.

Explanation:

A meetup group in an area is a meet and greet event where people of the area meet with each other. New people make acquaintances with each other and come to know about each other.  Already known people share their latest happenings. It is a casual form of meeting where people may know about what their competitors are doing at the moment in their business. This may help you in drawing your upcoming strategies in the market. This is the best way to get to know about the competitors.

7 0
3 years ago
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kotykmax [81]

Answer:

yes

Explanation:

because its right

3 0
3 years ago
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