All categories

3 years ago

Chocolate Co. reports the following information from its sales budget: â€‹ Expected sales:

Business

1 answer:

maksim [4K]3 years ago

4 0

Answer:

The total amount of cash expected to be received from customers in September is: B. $ 108,000

Explanation:

The total amount of cash expected to be received from customers in September include the following :

Cash Sales in the month of September - 25 %
Cash Receipts from Accounts for August Sales - 75 %

The Calculation of cash expected to be received from customers in September is as follows :

Cash Sales - September = 120,000 × 25% = 30,000

Credit Sales - August = 104,000 × 75% = 78,000

Total = 108,000

You might be interested in

Which is least like the others Bear, badger, elephant, hamster

grin007 [14]

Elephant I would guess........

6 0

3 years ago

Assume there is a simultaneous decrease in the incomes of people in the market for new homes and a decrease in the wages paid to

ioda

Answer:

Lower price for new houses.

Explanation:

The decrease in the income of people will decrease the demand for houses and the demand curve will shift leftwards. Meanwhile, the decrease in the wages for carpenters, plumbers, etc will decrease the cost of production so the producer will supply more when the cost of production decreases. So supply curve will shift rightwards. Resulting there will be lower prices due to shifts in the leftward demand curve and rightward supply curve.

4 0

2 years ago

As technology grows, so does its uses. Companies are finding ways to let their employees manage various parts of their job witho

iVinArrow [24]

Web-based self-service applications are types of applications that allow employees to access certain tasks of a company online, without having to interact with a representative of this company. Most of these websites offer support and immediate access to information.

This saves time and money, because the representative who would normally have to facilitate this work is no longer necessary. Moreover, because this is found online, it is likely that these applications can be accessed 24/7, which means that they also save time.

However, there are some disadvantages for employees too. For example, employees usually need to provide a lot of personal information in order to gain access to such application. Moreover, if they are confused about a particular aspect of it, it can be difficult to get personal help or support.

4 0

3 years ago

Why does economics exist?

aleksley [76]

deals with the production, distribution, and consumption of goods and services.

6 0

3 years ago

Read 2 more answers

Vextra Corporation is considering the purchase of new equipment costing $40,500. The projected annual cash inflow is $12,100, to

stealth61 [152]

Answer:

Net present value = $3,749

so correct option is $3,749

Explanation:

given data

Present value of cash outflow = $40,500

annual cash inflow = $12,100

useful life = 4 years

rate on return = 12 %

present value of an annuity = $1

to find out

net present value

solution

we know here Present value annuity factor @12% for 4 years is given as

Present value annuity factor @12% for 4 years = 3.0373

so we get here Present value of cash inflow that is express as

Present value of cash inflow = Annual cash flow × Present value annuity .........................1

put here value we get

Present value of cash inflow = $12,100 × 3.0373

Present value of cash inflow = $36,751

so now we get Net present value that is express as

Net present value = Present value of cash outflow - Present value of cash inflow .................2

put here value we get

Net present value = $40,500 - $36,751

Net present value = $3,749

so correct option is $3,749

7 0

3 years ago