1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dennis_Churaev [7]
3 years ago
11

The following credit sales are budgeted by Novak Corp.: May $580700 June 854000 July 1195600 August 1024800 The company’s past e

xperience indicates that 70% of the accounts receivable are collected in the month of sale, 20% in the month following the sale, and 8% in the second month following the sale. The anticipated cash inflow for the month of August is $1054176. $1024800. $1004300. $956480.
Business
1 answer:
Andru [333]3 years ago
8 0

Answer:

The anticipated collections for August are $1024800

Explanation:

Based on the past experience part, the cash inflows for August will include 8% of June's sales collection, 20% of July's sales collection and 70% of August's sales collection.

Thus, the anticipated collection for August will be:

  • 8% of June' sales = 854000 * 0.08 = 68320
  • 20% of July's sales = 1195600 * 0.2 = 239120
  • 70% of August sales = 1024800 * 0.7 = 717360

Total anticipated collection-August = 68320 + 239120 + 717360 = $1024800

You might be interested in
Prior to opening her new restaurant, Nia is determining what items to offer on the menu, the anticipated profits and expenses, t
user100 [1]

Answer:

A. business model

Explanation:

Business model -

It refers to the series of activities or information required for starting a new startup or business is referred to as a business model .

The prior information and data is very important ,

The information like finances , trading practice , structure of organisation , infrastructure , strategies , customers etc.

Hence , from the given information of the question ,

The correct option is A. business model .

8 0
3 years ago
Read 2 more answers
Mr. i. complained of dacryorrhea and irritation os for about 48 hours after having been assigned to work in the painting divisio
Julli [10]
<span>Mr. i.'s suffered from dacryorrhea, which is excessive tearing from the eye, and irriation os (os=oculus sinister which means left eye in latin) over a 48 hour period. A possible cause of the symptoms may have been from paint fumes, due to being assigned to the painting division of the auto-assembly plant.</span>
5 0
3 years ago
The business case for an ethical strategyA) relates to the company's business model and business-level strategy.B) must be artic
UkoKoshka [18]

Answer:

The correct answer is option D.

Explanation:

The ethical principles in business are not much different from the ethical principle in general. They are not separately based on some other special rules to judge business conduct. They are judged from the society's perspective of right and wrong.

There are two schools of ethical principles, namely, ethical universalism and ethical relativism. Universalism believe that the concept of right and wrong are universal. While, on the other hand, relativism school believes that they vary according to local customs.

Though universal ethical principles from different societies form a kind of informal contract that all individuals and organizations have to follow.

Failure to observe these principles not only corrode company's reputation but have also other adverse effects and costs involved.

6 0
3 years ago
In a market characterized by ________, all firms must be small and the number of firms in the industry must be large. A. oligopo
olasank [31]

Answer:

D. perfect competition

Explanation:

Perfects competition is a theoretical market structure where competition among firms is at the highest level possible. It is also known as pure competition. Due to the high level of competition, there are no dominant firms. Each firm will have a small proportion of the market share. Other characteristics of a pure competition market include,

1.  All firms sell a homogeneous or identical products

2. There are barriers to entry or exiting in the market

3.  All firms are price taker; no single entity can influence the prices

4.  There many very firms and seller in the markets

5.   Buyers have sufficient knowledge about the sellers and the market.

7 0
4 years ago
10. Benefits of free-trade agreements Suppose that Indonesian consumers previously faced higher prices on shoes than they do und
ivann1987 [24]

Increased variety of goods Indonesian consumers have enjoyed more consumer surplus from their shoe purchases than they did before their nation adopted an international agreement on trade restrictions.

Answer: Option C.

<u>Explanation:</u>

Free trade is the trading and exchange of goods and services between one country and the other country. This is done without any restrictions on the borders of the country that is there is no duties, taxes and so on are to be paid for the trade.

With the increase in the free trade agreement, the variety which is available with the consumers in the market also increases satisfying their needs and wants.

6 0
3 years ago
Other questions:
  • Marinette Company makes several products, including canoes. The company has been experiencing losses from its canoe segment and
    12·1 answer
  • The HIM director hired an HIM data integrity analyst. This is a new position with a newly created job description. The director
    6·1 answer
  • How to answer what wage you expect on job applications?
    9·1 answer
  • Presented below is the income statement of Cowan, Inc.: Sales revenue $372,700 Cost of goods sold 221,800 Gross profit $150,900
    11·1 answer
  • The Gorman Group issued $920,000 of 9% bonds on June 30, 2021, for $1,011,047. The bonds were dated on June 30 and mature on Jun
    11·1 answer
  • Fisher Co. acquired all of the outstanding preferred shares for $148,000 and 60% of the common stock for $1,281,000. Fisher beli
    13·1 answer
  • Checking a credit report is a good way to
    14·2 answers
  • In the _________________strategic focus, firms use their proactive environmental commitments in an attempt to differentiate thei
    7·1 answer
  • Brodrick Company expects to produce 20,000 units for the year ending December 31. A flexible budget for 20,000 units of producti
    12·1 answer
  • Which of the following scenarios illustrates cost-push inflation?(1 point)
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!