An
example of a case where a cost and revenue function do not have a break
even point includes, when the profit margin is larger than the losses
of the business.
Answer:
Total cash= $265,000
Explanation:
Giving the following information:
Sales:
July $200,000
August $300,000
September $250,000.
40% of the sales are for cash, and 60 percent are on credit. For the credit sales, 50 percent are collected in the month of sale and 50 percent the next month.
We need to determine the cash collection for September:
Cash collection:
Sales in cash September= 250,000*0.4= 100,000
Sales on account September= (250,000*0.6)*0.5= 75,000
Sales on account August= (300,000*0.6)*.5= 90,000
Total cash= $265,000
In order for the deal to go through, you need to compare the owner’s current assets by looking at her. but because you also want to see the company’s, or profit and loss, for one year, you also ask to see her is a correct statement.
Current assets are liquid assets such as cash, cash equivalents, accounts receivable, stock inventories, marketable securities, and pre-paid obligations. The Current Assets account is crucial since it shows a company's capacity to fulfill its short-term commitments and short-term liquidity.
The money made when an item is sold for more than it cost to produce it is known as the profit. The loss, on the other hand, is the sum lost when an item is sold for less than its cost price.
To learn more about current assets
brainly.com/question/17318059
#SPJ4
