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2 years ago

Which phase describes the income effect

Business

1 answer:

zaharov [31]2 years ago

7 0

Answer:

the impact of price on consumers' purchasing ability and decisions

- Be sure to include the options next time..

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Kuzma Foods, Inc. has budgeted sales for June and July at $ 680 comma 000.00 and $ 720 comma 000.00, respectively. Sales are 8

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Answer:

The budgeted Accounts Receivable balance on July 31 is $ 244,800.

Explanation:

Since the company sells 85% credit of which 60% is collected in the month of sale and 40% in the following month. This implies that where the sales for the month of June is $ 680,000, all of the credit sales for the month of June would have been collected by 31 July. Hence no receivables will be budgeted for considering June sales by 31 July.

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