To provide consistency in the states
Answer:
Option (d) is correct.
Explanation:
Cash receipts in month 4
:
Month 4 sales = (30% × 30,000) + (70% × 30000 × 60%)
= $21,600
Month 3 sales = 50,000 × 70% × 25%
= $8,750
Month 2 sales = 70,000 × 70% × 12%
= $5,880
Thus, total cash receipts:
= Month 4 sales + Month 3 sales + Month 2 sales
= $21,600 + $8,750 + $5,880
= $36,230
Answer:
The correct answer is letter "B": monetary neutrality.
Explanation:
Austrian economist Friedrich A. Hayek (1899-1992) referred to monetary neutrality as a theory that states the changes in the money supply do not affect the <em>prices of goods, services, wages but no the economy as a whole</em>. According to Hayek, printing more money could increase the demand affecting some economic variables (such as the mentioned above), but in the long run, it does not have a relevant impact.
Answer:
151.05 euro
Explanation:
The computation is shown below:
Data provided in the question
€1 = $1.1364
$1 = $1.2408
And the new coat cost is $213 in Singapore
So, by considering the above information
The 1 euro = $1.1364 × $1.2408 = $1.4100512
So,
$1 = 1 ÷ $1.4100512 euro = 0.709194
So, the identical coat cost is
= $213 × 0.709194
= 151.05 euro
Answer:
The answer is $137,600
Explanation:
Budgeted sales for September = $110,000
Budgeted sales for October = $170,000
Credit sales for September:
0.6 x $110,000
$66,000
90% will be collected the following month (October)
0.9 x $66,000
=$59,400.
Credit sales for October:
0.6 x $170,000
$102,000
10% will be collected the same month (October)
0.1 x $102,000
=$10,200
Cash sales in October
0.4 x $170,000
$68,000
The total October cash collections from customers is
$59,400 + $10,200 + $68,000
= $137,600
