Answer:
The correct option is C,royalties
Explanation:
Royalties refers to payment received by the owner of patent from the individuals making use of the patented design or product as a reward for creativity and originality.
Profits are excess of revenue over costs of doing business overall
Receipts are inflows of cash and cash equivalents to the business either form sales transactions or from sources such as disposal of assets as well as issuance of shares.
Payoffs refers to the amount paid to an employee either upon retirement or on leaving a job
Answer:
Total cash collection= $158,500
Explanation:
Giving the following information:
<u>Cash collection:</u>
40% in the month of sale
55% in the month following sale
5% in the second month following sale
<u>Sales:</u>
April $210,000
May $160,000
June $150,000
<u>Cash collection June</u>:
Sales in cash from June= 150,000*0.4= 60,000
Sales on account from May= 160,000*0.55= 88,000
Sales on account from April= 210,000*0.05= 10,500
Total cash collection= $158,500
The type of deed that is used is called GENERAL WARRANTY.
General warranty is used to transfer property title to a buyer; it contains full warranty of title whereby the seller assures the buyer that the property is free and clear of any other claim.
<span>This is matrix departmentalization. This allows a company to better manage a larger, more complex task by pooling the resources available at the time. By having all hands on board, the company can make sure that the most talented and capable employees are used in the way that best suits the task being undertaken.</span>