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german
4 years ago
6

Noterman Company has credit sales of $600,000 in January. Past experience suggests that 40% is collected in the month of sale, 5

0% in the month following the sale, and 10% in the second month following the sale. Compute the cash collections from January sales in January, February, and March.
Business
1 answer:
Rasek [7]4 years ago
7 0

Answer:

Cash collected in January = $240000

Cash collected in February = $30000

Cash collected in march = $10000

Explanation:

We have given that Noteman company has credit sales of January = $60000

It is given that 40% is collected in the month of sale

So cash collected in January =\frac{600000\times 40}{100}=$240000

Cash collected in February =\frac{600000\times 50}{100}=$30000

Cash collected in march = =\frac{600000\times 10}{100}=$10000

 

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Answer: work hard; $65; less; $85

Explanation:

The following can be deduced from the question:

The Expected profit from working hard will be:

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Then, the profit will be the difference between revenue and coat which will be:

= $185 - $100

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Then, the expected profit from shirking will be:

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= (0.90 × $50) + (0.10 × $200)

= $45 + $20

= $65

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Eric will (work hard) because the net gain of ($65) from shirking is (less) than the net gain of ($85) from working hard.

7 0
3 years ago
Item
vodka [1.7K]

What Muhammad found unsatisfactory about the Certificate of deposit is that the return on the investment was too low.

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The Short term investment yields on investment are low because it is for short period of time and involves lesser risks. Other instruments under Short term investment includes Money market etc.

Therefore, the option C is correct because the Certificate of deposit was seen as unsatisfactory by Muhammad because the return on the investment was too low.

Learn more about this here

<em>brainly.com/question/6564414</em>

7 0
3 years ago
What type of research involves identifying key product characteristics that become selling​ points? For​ example, the marketing
Trava [24]

Answer:

<em>Product-Specific Research</em>

Explanation:

Product research <em>is an essential part of the development of new products. Analysis will help you determine important issues at every stage of the process and avoid costly errors.</em>

Testing a prototype will help you to reject uncompromising concepts, allowing you to focus money and time commitment on goods with the best chance of commercial success.

Product-Specific Research includes finding key product features that are selling points. Sells the benefit that the product provides.

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3 years ago
Marie who has been the department manager at Verve, Inc., for five years starts every Monday morning with a 60-minute department
Setler79 [48]

Answer:

B) Stories

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Stories are part of the artifacts or manifestations of the organization's culture. They reflect the values and past actions (specially success stories) of the organization's history and attempt to create a type of legend surrounding certain events. The stories about the organization must be based on facts and are generally exaggerated, but they should never be considered fiction.

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3 years ago
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In general, it is a bad move for a company to produce more of a good or service if, by doing so,a. marginal cost exceeds margina
scoray [572]

Answer:

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