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
kvv77 [185]
3 years ago
10

Bailey Industries expects sales for​ January, February, and March to be​ $220,000, $260,000, and​ $300,000 respectively. It is e

xpected that​ 75% of its sales will be collected in cash during the month of​ sale, and the remaining​ 25% will be collected in the month following the sale. Compute cash collections for Bailey Industries for the month of February. A. ​$225,000 B. ​$290,000 C. ​$300,000 D. ​$250,000
Business
1 answer:
OlgaM077 [116]3 years ago
3 0

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Sales:

January=$220,000

February= $260,000

It is expected that​ 75% of its sales will be collected in cash during the month of​ sale, and the remaining​ 25% will be collected in the month following the sale.

<u>Cash collection:</u>

From January= 220,000*0.25= 55,000

From February= 260,000*0.75= 195,000

Total cash collection= $250,000

You might be interested in
During the fall of 2007, the United States economy began a descent into deep recession. As a result, the federal government and
lara [203]

Answer:

A. the federal government spending more money to build more infrastructure and D. the federal government providing tax refunds to many taxpayers

Explanation:

Please see attachment.

8 0
3 years ago
Which of the following is true of budgeting? Question 1 options: Budgeting forces management to plan for the future. Budgeting c
coldgirl [10]

Answer:

correct option is Budgeting forces management to plan for the future.

Explanation:

The budget depends on the control cycle to design the planning cycle for future action. Because budget is the only way to compare reality in determining performance evaluation, but budget is not in the nose of planning the future                                                          

so correct option is Budgeting forces management to plan for the future.

3 0
4 years ago
Standard Quantities Allowed of Labor and MaterialsMiel Company produces ready-to-cook oatmeal. Each carton of oatmeal requires 1
jok3333 [9.3K]

Answer:

Part I :

1) Total amount of oats allowed = 960000*16 = 15360000 ounce

2) Total amount of labor hours allowed = 960000*.04 = 38400 Hours

<u>Part II : </u>

1) Total amount of oats allowed = 750000*17 = 12750000 ounce

2) Total amount of labor hours allowed = 750000*.04 = 30000 Hours

4 0
3 years ago
Write a short memo to Ms Loki explaining the business performance findings of your statement of cash flow.
UkoKoshka [18]

The memo explaining the business performance findings from the statement of cash flow will entails:

  • address of the receiver
  • subject of the memo
  • body of the memo.

<h3>What is a statement of cash flow?</h3>

This refers to the financial statement that shows how changes in balance sheet accounts and breaks the analysis down to operating, investing and financing activities.

Hence, the memo will inform Ms Loki about  business performance findings especially on the cash position of the business such as the inflow and outflow of cash from the firm.

Read more about statement of cash flow

brainly.com/question/24179665

#SPJ1

8 0
2 years ago
According to Carl Jung, what are the two main ways that people process information?
nata0808 [166]
The answer is A. Thinking and sensing

The thinking type will rely on their analysis capabilities to process information, and make their decision based on their analysis projection

Meanwhile, the sensing type will rely on their 5 senses to process information, which mean they have to experience it first before they can make their decision
4 0
3 years ago
Other questions:
  • 4. Dairy Co. sells raw cream directly to the public. Maxwell gets sick after consuming some of Fairy Co.’s raw cream. Maxwell su
    7·1 answer
  • How does a traditional adversarial relationship with suppliers change when a firm decides to move to a few suppliers
    10·1 answer
  • Smitty Museum purchased the copyright to a piece of artwork for $925,000. Smitty plans to reproduce 2.1 million posters of the a
    8·1 answer
  • Which situation would not change a buyers market into a sellers market?
    9·1 answer
  • -8=-7(-4x+8)+8(x-3) what does x equal? and how do i get the answer?
    6·1 answer
  • Stephanie was injured in a car accident was rushed to the emergency room. She received stitches for a facial wound and treatment
    15·2 answers
  • Coupon payments are fixed, but the percentage return that investors receive varies based on market conditions. This percentage r
    12·1 answer
  • 13. A firm hires its labor in a perfectly competitive factor (or resource) market and sells its product in a perfectly competiti
    11·1 answer
  • Look up toga and find out
    11·2 answers
  • Which famous landmark has an apartment built on top of it?.
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!