Answer:
c. $4,025,200
Explanation:
The computation of the total cash receipts from sales and collections in April month is shown below:
= April sales × cash sales percentage + April sales × credit sales percentage × collection month percentage + March sales credit sales percentage × Following month collection percentage
= $4,000,000 ×30% + $4,000,000 × 70% × 40% + $4,200,000 × 70% × 58%
= $1,200,000 + $1,120,000 + $1,705,200
= $4,025,200
Since cash sales are 30% , so the credit sales would be 70%
Answer:
Uh, demand is wanting a thing and quantity demand is wanting more of that thing?
Explanation:
Answer:
if I learned to communicate better I would have more patience
Explanation:
if I were to communicate better I would have more patience with people it would help me understand other people's thoughts feelings and needs as well if I communicated my own thoughts feelings and needs it builds better relationships
Answer:
The amount of cash received by Banks Company is $34,300
Explanation:
The computation of the cash received by the bank company is shown below:
= Merchandise amount - discount
where,
Merchandise amount is $35,000
And, the discount equal to
= Merchandise amount × discount percentage
= $35,000 × 2%
= $700
Now put these values to the above formula
So, the value would equal to
= $35,000 - $700
= $34,300
