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Brrunno [24]
3 years ago
12

Distribution Corporation collects 35​% of a​ month's sales in the month of​ sale, 45​% in the month following​ sale, and 20​% in

the second month following sale. Budgeted sales for the upcoming four months​ are: April budgeted sales $ 50 comma 000 May budgeted sales $ 150 comma 000 June budgeted sales $ 260 comma 000 July budgeted sales $ 230 comma 000 The amount of cash that will be collected in July is budgeted to be
Business
1 answer:
boyakko [2]3 years ago
8 0

Answer:

The amount of cash that will be collected in July is budgeted: $227,500

Explanation:

In Distribution Corporation:

The amount of cash that will be collected in July is budgeted = 35% x July budgeted sales + 45% x June budgeted sales + 20% x May budgeted sales.

May budgeted sales are $ 150,000

June budgeted sales are $ 260,000

July budgeted sales are $ 230,000

July budgeted cash collected = 35% x $230,000 +  45% x $260,000 + 20% x  $150,000 = $227,500

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2 years ago
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5 0
1 year ago
Refrigerant ____ is to reprocess refrigerant to new product specifications as set by Environmental Protection Agency (E.P.A.).
Kobotan [32]

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Reclaiming

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7 0
2 years ago
Which of the following statements is true in the context of selecting the best alternative? a. The decision maker can only selec
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d. The decision maker must only stick to completely rational, mathematical analysis while selecting an alternative.

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3 years ago
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Aneli [31]

Answer:

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