Josh Turner has done some research and has found that the population in the U.S. is aging, and this means that there will be an
increased need for health care professionals in the future. This is an example of __________ influencing jobs in the future.
A. demographic trends
B. economic conditions
C. industry trends
D. geographic trends
A. demographic trends
B. economic conditions
C. industry trends
D. geographic trends
2 answers:
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Answer: $186,000
Explanation:
January is the 2nd month from November which means that all of November's $31,000 will be collected in January.
January is the first month after December so 30% of December sales should be collected in January. 50% has already been collected in December and this left $50,000.
Total credit sales in December must have been:
= 50,000 / 50%
= $100,000
Amount to be collected in January for December:
= 100,000 * 30%
= $30,000
Amount to be collected from January credit sales:
= 50% * 150,000
= $75,000
January cash sales = $50,000
Total cash in January :
= 31,000 + 30,000 + 75,000 + 50,000
= $186,000
