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3 years ago

Benton Company's sales budget shows the following expected total sales:

Business

1 answer:

Sunny_sXe [5.5K]3 years ago

4 0

Answer:

The total cash receipts during April would be $35,881

Explanation:

Benton Company's sales budget in April is $43,000

Credit Sales = 70% x $43,000 = $30,100

Cash sales = $43,000 - $30,100 = $12,900

Benton Company's sales budget in March is $32,000

Credit Sales = 70% x $32,000 = $22,400

Cash sales = $32,000 - $22,400 = $9,600

Total cash receipts during April = Cash Sales in April + 25% x Credit Sales in April + 69% x Credit Sales in March = $12,900 + 25% x $30,100 + 69% x $22,400 = $35,881

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blagie [28]

Answer:

D) cash items in the process of collection fall by the amount of the check.

Explanation:

Cash Items in the process of collection are all the item which is due and are in collection process. When a fund for a deposited check is received it is transferred to the depositor's account and in process collection are reduced the balance of account holder is increased. So, the appropriate answer is D) cash items in the process of collection fall by the amount of the check.

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3 years ago

If disposable personal income (dpi) = $800 and personal income taxes = $100, then what is personal income (pi)?

Ymorist [56]

The personal income is $700.
GIven:
Disposal personal income (dpi) = $800
Personal income taxes = $100

Solution:
Disposal personal income minus personal income taxes.
$800 - $100 = $700

So, the personal income or pi is equal to $700.

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3 years ago

Investments in debt securities that the company actively manages and trades for profit are referred to as short-term debt invest

boyakko [2]

Answer: c. trading securities.

Explanation:

Trading securities are short term debt securities that a company buys in order to make a profit in that short term period. They actively manage and trade these securities and then trade them for profit.

It is an excellent way to gain return for any excess cash that the business has and they only invest in such things when they believe that there is a good chance of profit being made.

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3 years ago

Mary, a student at a community college in New York, is in the United States on a student visa that allows her to remain in the U

aliina [53]

Answer:

It will be difficult for Mary to compare the crime rates in a U.S. city with her hometown of London, England:

b. There are differences in the way crime is measured.

Explanation:

The option a is not correct as it is not true that England doesn't have any crime statistics that are available to civilians.
The option b is correct as the ways of measuring crimes are different for different regions or places.
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3 years ago

Barrington Mills Manufactures denim cloth from two primary raw materials, cotton and dye. Work-in-process includes lapped cotton

8_murik_8 [283]

Answer:

weeks of supply 2,7122857

Explanation:

17,500,000 / 50 weeks = 350,000 COGS per week

current finished inventory:

250 x $ 65 = 16,250

190 x $ 80 = 15,200

310 x $ 105 = 32,550

Total 64,000

cost added:

70,000 materials x $ 2.75

125,000 materials x $ 5.00

total 817500

WIP:

2,000 rolls x $ 10.50

5,000 spools x $ 6.75

500 rolls x $ 26.10

total $ 67,800

Total inventory: 817,500 + 67,800 + 64,000 = 949300

week of supply:

inventory of 949300

and 350,000 goods are consumer per week

week: 2,7122857

3 0

3 years ago