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
Calls arrive at Lynn Ann Fish’s hotel switchboard at a rate of 2 per minute. The average time to handle each is 20 seconds. Ther
nataly862011 [7]

Answer:

Part A. Compute the probability that operator of the hotel is busy.

The call arrives at Lynn Ann Hotel at the rate of 2/min.

Therefore, 2 min = 120 customers per hour

Thus, the call is serviced by the operator at a rate of 20 seconds per customer.

Therefore,

P = 180 customers per hour

Probability that the operator will be busy:

P = λ / µ

P= 120 / 180

P = 0.67  

Therefore, the probability that the hotel operator is busy is 0.67 hours

Part B. Determine the average time customer must wait:

W_{q} =  λ / µ (µ - λ)

W_{q} =  120 / 180(180 - 120)

W_{q} =  120 / 180(60)

W_{q} =  120 / 10,800

W_{q} =  0.011

Thus, the average wait time for the customer is 0.011 hours

Part C. Determine the average number of call waiting:

L_{q} = λ^2 / µ (µ - λ)

L_{q} = 120^2 / 180 (180 - 120)

L_{q} = 14,400 / 180 (60)

L_{q} = 14,400 / 10,800

L_{q} = 1.33

Thus, the average waiting call to be answered is 1.33 hours

6 0
3 years ago
What precautions does the government take to protect money?
Anestetic [448]

Answer:

Americans piled into the metal as protection from the collapsing value of the dollar. But since the 1970s, the government has enacted a series of laws that have made owning gold more difficult, more costly, and less private.

Explanation:

:D

7 0
3 years ago
Why did the duck cross the road?<br> will mark brainiest for right answer!<br> think hard
ki77a [65]

to di- i mean to get to the other side. right?

EDIT i was wrong its to get some quack

4 0
3 years ago
Read 2 more answers
In 2008, the value of the stocks listed on the New York Stock Exchange decreased tremendously. As a direct result:
frutty [35]

Answer: 2). Neither U.S. GDP nor U.S. GNP were affected.

Explanation: Gross Domestic Product (GDP) is the total monetary value of all the final goods and services produced in a country during its financial year.

Gross National Product (GNP) on the otherhand is broad measure of the value of all finished goods and services produced in a country in one year by its nationals.

Both GDP and GNP measure goods and services and not financial assets such as shares. Hence, financial assets do NOT contribute to the GDP or GNP of any nation.

3 0
3 years ago
Our society is increasingly becoming more diverse. Discuss how this affects you as an individual, an organization, and society a
Mekhanik [1.2K]

Answer

Hello,

Well, a diverse society is stable and alive with positive dynamics, easy to adapt to changes and always geared towards a positive evolutionary.

As an individual, a diverse society offers greater opportunity for personal and professional growth.

In the society, diverse cultural views can inspire creativity and innovation. A diverse society has a pool of diverse skills base which allows an organization to produce broader and more adaptable range of goods and services.

A challenge in this is that integration across multicultural groups can be difficult due to negative cultural stereotypes. Some countries require navigating visa and application of employment laws that could be challenging requirements.

Diversity quotas in colleges can be outlawed but still allow colleges to consider race in admitting students.

Wish you luck!

5 0
3 years ago
Other questions:
  • 5. Consider the supply chain involved when a customer orders a book from Amazon. Identify the
    13·1 answer
  • XYZ Insurance Company uses class rating to determine the rate to charge for insurance. For one type of insurance, the pure premi
    8·1 answer
  • In your own words.<br><br> Why is it important to the business to motivate employees?..
    12·1 answer
  • The amount you owe in state income tax is based on:
    14·1 answer
  • The primary advantage of rapid application development (rad) is that _____.
    5·1 answer
  • Harvey quit his job at State University, where he earned $45,000 a year. He figures his entrepreneurial talent or forgone entrep
    10·1 answer
  • The following monthly data pertains to the Amnesty Company: Sales commissions 8,000 Delivery truck depreciation $2,500 Direct la
    14·1 answer
  • What would prevent data from appearing in a custom report?.
    6·1 answer
  • The OSHA guidelines that set safety rules for specific equipment, procedures, types of work, and unique work conditions are know
    14·1 answer
  • Fast tracking is an example of a tool used in _____ management. group of answer choices
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!