Answer:
The $3,600 cash is collected in June
Explanation:
For computing the total cash collected in the June month, first, we have to find the sales of June and may which is based on the collection ratio which is given in the question.
June month collection = June sales × 30%
= $5,000 × 30%
= $1,500
In the question it is given that 30% is collected on June month and remaining i.e 70% collected in the May month or following month.
June month collection based on may sales = 70% × May sales
= 70% × $3,000
= $2,100
So, total cash collected in the June month is equal to
= June month collection + June month collection based on may sales
= $1,500 + $2,100
= $3,600
Hence, the $3,600 cash is collected in June
The answer to this question is the term critic. Monette is considered a critic because she posted reviews on restaurants, etc and put it in her web blogs. A critic post comments, reviews, and even ratings on services and products through social media.
It is most appropriate to discuss their accomplishments at the Executive summary section. A Executive summary section is a document where organizations show what they are willing to offer on there agreement and the accomplishments they are showing the people they'd like to offer up with.
Answer:
Net present value (NPV) &
Internal rate of return (IRR)
investopediacom
The federal government has accounted for between two-thirds and three-quarters of all government spending since World War II. Since the end of the Korean War in the early 1950s, the federal government's purchases of goods and services as a percentage of GDP have been falling.
Automatic increases and decreases in government expenditure and taxation that follow the economic cycle. The majority of government spending in the United States took place at the state and municipal levels up to the Great Depression of the 1930s.
The federal government has accounted for between two-thirds and three-quarters of all government spending since World War II. Federal Expenditures and Purchases as a Percentage of GDP, 1950–2008.
To learn more about federal government, click here
brainly.com/question/371257
#SPJ4
