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
geniusboy [140]
3 years ago
14

Kaspar Industries expects credit sales for January, February, and March to be $202,100, $264,200, and $319,300, respectively. It

is expected that 75% of the sales will be collected in the month of sale, and 25% will be collected in the following month. Compute cash collections from customers for each month.
Business
1 answer:
sergiy2304 [10]3 years ago
3 0

Answer:

Collection per month:

January     $  151,575

February:  $ 248,675

March:     $  305,525

Explanation:

<u>January:</u>

202,100 x 75% = 151,575

<u>February:</u>

264,200 x 75% =   198,150 current month

202,100 x 25% =    50,525 previous month

Total                      248,675

<u>March:</u>

319,300x 75% =    239,475 current month

264,200 x 25% =   66,050 previous month

Total                     305,525

You might be interested in
Inflation: group of answer choices is a continuous decrease in the price level. can obscure relative price changes. always makes
eimsori [14]

The Correct Response is Option B.

Inflation: can obscure relative price changes.

  • In the field of economics, inflation refers to an overall rise in the cost of goods and services throughout a nation. Each unit of currency may purchase fewer products and services as the overall price level rises, hence inflation is associated with a decline in the buying power of money.
<h3><u>What occurs when inflation occurs?</u></h3>
  • The main cost of inflation is the loss of real income, which occurs when prices rise unevenly and causes some customers' buying power to decline. For both those who receive and pay fixed interest rates, inflation might over time affect their ability to make purchases.

To learn more about Inflation, Click the links,

brainly.com/question/28136474

brainly.com/question/28190771

#SPJ4

8 0
1 year ago
When estimating the cost of equity by use of the bond-yield-plus-risk-premium method, we can generally get a good idea of the in
artcher [175]

Answer:

The answer is true.

Explanation:

5 0
2 years ago
What is large office​
gogolik [260]

Answer:

A large office can be found in big organisations with many clerical workers. An example of a large office is a bank. A factory could also be an example of a large office if it has more than ten people working in it. In a large office, work is divided among the many clerical workers.

3 0
2 years ago
On November 1, 2021, Sandhill Co. places a new asset into service. The cost of the asset is $84000 with an estimated 10-year lif
Aneli [31]

Answer:

$7,200

Explanation:

According to the scenario, computation of the given data are as follows,

Total cost = $84,000

Salvage value = $12,000

Estimated life = 10 years

So, we can calculate depreciation expense by using following formula,

Depreciation yearly = (Total cost - Salvage value) ÷ Estimated life

= ($84,000 - $12,000) ÷ 10

= $72,000 ÷ 10

= $7,200

7 0
2 years ago
Identify whether or not each of the following scenarios describes a competitive market, along with the correct explanation of wh
Marysya12 [62]
<span>1) - we see here that each college is different, so the answer is that they are not competitive because they are not not homogenous - since they can for example not all offer the same courses 2) This is a monopoly - they have the exclusive right to provide some service! it's not a competetive market (other companies don't have free entry). 3) Here there are not too many sellers - it's just a few companies, so people alsco can't choose from too many options. 4) this is a true competitive market - it has a free entry, many sellers and the product is homogenous!</span>
3 0
3 years ago
Other questions:
  • Lavender Furniture established itself in 1965 as a small firm. It was situated on a small stretch of land located miles away fro
    14·1 answer
  • Grand River Corporation reported pretax book income of $500,000. Included in the computation were favorable temporary difference
    12·1 answer
  • The going concern assumption of GAAP implies that the firm: __________
    11·1 answer
  • Elaborate on any three internal factors of Jessops’ Group Limited that can influence its functioning
    15·1 answer
  • Suppose that the federal government places a binding price floor on chocolate. To help support the price floor, the government p
    10·1 answer
  • Identify Google's marketing strategy
    14·2 answers
  • If the reserve requirement was 13% and a bank customer makes a deposit of $440 at the Springfield Bank, the initial result would
    10·1 answer
  • The delta of a call option on a non-dividend-paying stock is 0.4. What is the delta of the corresponding put option?
    5·1 answer
  • How long does it take for an apartment application to be approved?.
    14·1 answer
  • The amount of reserves that a commercial bank is required to hold is equal to?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!