Answer:
Total budgeted cash receipts fro May : $611000
Explanation:
Sales on credit is where the debtor can pay for the goods or services on a later date. In this case, it is paid at 3 different times: 50% during the month of sale, 30% during the next month and the reminder 20% the month after that.
According to the information, May collections would include sales of May as well as March and April. It would be:
50% of May sales = $639000 x 50% = $319500
30% of April sales = $599000 x 30% =
$179700
20% of March sales = $559000 x 20% = $111800
Total budgeted cash receipts for May = $319,500 + $179,700 + $111800 = $611000
Observe cross-culture differences in etiquette.
Answer:
b. the study of management using a scientific approach.
Explanation:
Frederick W. Taylor's research led to the emergence of scientific management, which is defined as the study of management using a scientific approach.
Scientific management is a theory of management that analyzes and synthesizes workflows. It has the main objective of improving economic efficiency, especially labor productivity and was <u>one of the earliest attempts to apply science to management.
</u>
