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
yaroslaw [1]
3 years ago
14

The Lumber Yard has projected sales for April through July of $152,400, $161,800, $189,700, and $196,400, respectively. The firm

collects 52 percent of its sales in the month of sale, 46 percent in the month following the month of sale, and the remainder in the second month following the month of sale. What is the amount of the July collections?
Business
1 answer:
madam [21]3 years ago
5 0

Answer:

$192,626

Explanation:

The computation of the July month collection is shown below:

= July projected sales × collection percentage +  June projected sales × following month collection percentage + May projected sales × remaining percentage

= $196,400 × 52% + $189,700 × 46% + $161,800 × 2%

= $102,128 + $87,262 + $3,236

= $192,626

The percentage is 100% in which 52% is collected in July month 46% in June month and 2% is on May month

You might be interested in
Explain id there is excess supply or demand of goods at the equilibrium price and why? In sentences
enot [183]

Answer by YourHope:


Hi! :)


Question: Explain if there is excess supply or demand of goods at the equilibrium price and why?


Answer: Equilibrium is at the point where supply and demand meet and the prices are set. Since the price is set as a equilibrium, there won't be an excess to either, but if you set the price above equilibrium, you move away from equilibrium and have disequilibrium create excess supply or excess demand!


Have a BEAUTIFUL day~

8 0
3 years ago
When Home Movies Inc. opened stores in other countries, it increased the company's international market share. Home Movies took
olga55 [171]

Answer:

<h2>In this instance,Home Movies Inc. took advantage of market expansion opportunity to enhance market share.Hence,the correct answer is market expansion.</h2>

Explanation:

In Microeconomics,the practice of market expansion refers to the enhancement of business activities or selling of goods and services into newer sections of the market which encompasses factors such as demographic,economic,geographical,social etc.In this context,the geographical expansion of market can possibly include international markets as well as long it can comprehensively cover the desired consumer group which can lead to higher revenue generation and potential market share.It is an extremely formidable economic strategy for any business organisation or company to expand the consumer accessibility by tapping into new geographical areas in the global or international market.An effective market expansion,however, requires a thorough and considerable market research with a specific emphasis on the the potential new markets that the existing business can easily reach and the new consumer base in those markets who will most probably like the products and/or services sold by the business based on various preferential attributes.This can evidently generate immense opportunities for sales and overall economic growth.

6 0
3 years ago
A country has been in existence for only two years.
ozzi

Answer:

-1.0 million

Explanation:

the debt issued in the second year is equal to the sum of the excess of revenues over outlays

in year 1, debt = $1.0 million - $1.5 million = $-0.5 million

In year 2, debt  = $1.5 million - $2.0 million = $-0.5 million

$-0.5 million + $-0.5 million  = -1.0 million

4 0
3 years ago
In the workplace today, more emphasis is being put on mental health. But sometimes, employees don't want to be seen as being una
KonstantinChe [14]

Answer:

12346f

Explanation:

vhhfguuy5

8 0
2 years ago
In choosing to acquire a TV manufacturer as part of your entry strategy to enter the Smart TV market, Apple intends to integrate
Zarrin [17]

Answer:

B. Transfer the knowledge of touchscreen capabilities and the Apple ecosystem from Apple to the TV manufacturer to use for the new Apple Smart TV

Explanation:

In the first case, Apple doesn't have technical expertise on manfucturing the TV. Here the differences in both the devies with respect to the technology that applied in ports, operating system tec

So here the technology that adapted would be difficult for implementation

Instead of this, the apple would create the better position.

So, the option b is correct

Hence, the option a is incorrect

5 0
2 years ago
Other questions:
  • A court will not require a person to perform an agreed-upon act if it is illegal.
    15·2 answers
  • Wendy is a self employed certified financial planner and began his business in 2018. During 2018, she purchased a $500 computer
    7·1 answer
  • A bank will often hold government securities as an asset. If a bank were to sell S500,000 in government securities to an individ
    9·1 answer
  • Two years​ back, the Republic of​ Terbia, a developed​ economy, experienced a massive boom in the information technology​ (IT) i
    7·1 answer
  • Cellular Access​ Inc., is a cellular telephone service provider that reported net operating profit after tax​ (NOPAT) of $ 250$2
    14·1 answer
  • What is the advantage of having only one inbox?
    11·2 answers
  • Sandra Kristof sells furniture for McKinney Furniture Company. Kristof is having financial problems and takes​ $650 that she rec
    10·1 answer
  • 7,500.00 is invested at an APR of 4.9% compounded semi annually (twice per year). Write a numerical expression that would comput
    5·1 answer
  • Net exports equal
    9·1 answer
  • Suppose that the price of a cupcake is $4. At this price, 50 cupcakes will be demanded. If the price rises to $5 per cupcake, co
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!