Answer:
c.$209,160
Explanation:
Given that the cash received from each sale will be collected over 2 months. If 30% of mechanize is to be sold for cash, then 70% will be sold on account. Further more, 80% of the credit/sale on account will be collected in the month of sale and 20% in the following month.
Hence for October, cash collection will include 20% of credit sale from September and 80% of the credit sale in the month.
Given that sales in September is $250,000
Amount expected to sold on account
= $250,000 - (30% × $250,000)
= $175,000
Amount expected to be collected from this sale in October
= 20% × $175,000
= $35,000
Amount of credit sale in October
= $311,000 - (30% × $311,000)
= $217,700
Amount of this credit sale to be collected in October
= 80% × $217,700
= $174,160
Total collected from accounts receivable in October
= $174,160 + $35,000
= $209,160
Answer: involvement is the answer just took it.
Explanation:I just took it hope that helps
Answer:
A) Balance Sheet: reports the assets, liabilities and shareholders' equity at a given point in time. Assets = Liabilities + Shareholders' equity
B) Income Statement: reports the profits or losses = total revenues - total costs, over a specific period of time
C) Statement of Retained Earnings: reports the changes in the retained earnings account during the accounting period, it shows how net income increases retained earnings and how dividends decrease it.
Explanation:
It is true that when marketing objectives are attainable and challenging, they motivate those charged with achieving the objectives.
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What is marketing?</h3>
Marketing involves promoting a particular products. It involves setting an objective which when attainable will make the workers happy and willing to do more even when tedious.
Therefore, It is true that when marketing objectives are attainable and challenging, they motivate those charged with achieving the objectives.
Learn more on marketing below
brainly.com/question/4017104
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Answer:
a. The director is wrong: the lurking variable here is the severity of the blizzard. A more severe blizzard calls for more plows and keeps people at home, where they are more likely to make online purchases.
Explanation:
The director is correlating the number of snow plows on the road with the amount of online purchases - the <em>correlation </em>is high, but it doesn't mean that the increase on online purchases is <em>caused </em>by the number of snow plows on the road.
The question is: why would the number of snow plows on the road increase in the first place? Snow plows are sent out according to the amount of snow that has fallen, which means that the <em>lurking variable </em>that explains the increase in the number of snow plows and the amount of online purchases, is the severity of the blizzard in terms of how much snow has fallen. When the weather outside is too harsh or dangerous for people to go out, then it is most likely that they prefer online purchases. If the director were to analyze the correlation between the severity of the blizzard and the amount of online purchases, he would find a high correlation as well and in this case it would be the variable that actually explains the behavior of the consumers.
Remember that a lurking variable is the non-controlled variable that affects both the dependent and independent variables. In this case, there is nothing that the director can do about the severity of the blizzard besides perhaps increasing the stock whenever the severe blizzard season rolls around.
