Answer:
Total cash collections in February are $133600
Explanation:
The collections in the month of February will include 20% of sales made in February in account for cash sales.
Cash sales = 140000 * 0.2 = $28000
Thus, Credit sales for February are = 140000 - 28000 = $112000
Out of these credit sales made in February, 60% will be collected in February. Thus, credit sales made in February that will be collected in February are,
February collections from February credit sales = 112000 * 0.6 = $67200
Total cash collections in February from February sales = 67200 + 28000
Total cash collections in February from February sales = $95200
In addition, out of the credit sales made in January, 40% will be collected in February.
Collection from January sales in February = 120000 * 0.8 * 0.4 = $38400
Total collections in February = 38400 + 95200 = $133600
Answer:
B. includes only one good.
Explanation:
A corner solution is a microeconomics concept, which is used to illustrate the graphical representation of a situation where an individual wouldn't do some things at any cost or for any price.
Optimum is usually experienced on the consumer graph at the point where the indifference curve (IC) is just tangential to the consumer's budget constraint. Thus, the corner solution lies at the non-zero interior, which then means that none of the other goods is contained in the optimum.
Hence, an optimum that occurs as a corner solution includes only one good.
<em>For instance, Tracy saying she wouldn't buy a XYZ phone for any price, or Sarah saying she would visit a museum no matter how much it will cost her are some examples of corner solution. </em>
Answer:
Goods Account (based on the question)
Alternatively :
In Accounts you would usually have a seperate account called ' Returns Inward' and they will be debited there.
Answer:
Total cost of receiving 8000 parts: 2878700
Detailed solution is given in tabular form below:
Answer:
outsourcing
Explanation:
Outsourcing is the process where the company wants to hire someone for the completion of the organization work in order to save the cost of the company
here is the given situation, is hiring a permanent receptionist, it is better to contact someone for work in some selected days during each week so that the work of the company could not be stopped also the firm can save the cost
Hence, the third option is correct
