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Ivan
3 years ago
5

Preparing a Schedule of Cash Collections on Accounts Receivable

Business
1 answer:
marysya [2.9K]3 years ago
7 0

Answer:

                                Kailua and Company

                          Schedule of Cash Collections

                                                                    August           September

Cash collections from June                       $25,200                      $0

Cash collections from July                        $38,500             $19,250

Cash collections from August                    $17,220            $43,050

<u>Cash collections from September                      $0             $17,800  </u>

Total cash collections                               $80,920             $80,100

I suppose that 5% of the billings are uncollectible since 20% + 50% + 25% = 95%.

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The three steps for IT security management controls and implementation are: prioritize risks, respond to risks, and monitor risks.

The IT Security Management focus on identifying security risks arising at time and take countermeasures accordingly. They controls risks on the information system through three steps. They are:

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The IT security management is implemented to ensure that the risk management is done properly. It evaluates the effectiveness of security controls. They first identify the risks and then start to respond to the risks by evaluating its potentials. Even after implementing a risk tolerance and management processes, they continue to monitor the risks as well.

Learn more about risk management at brainly.com/question/16781966

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7 0
1 year ago
An article in the Wall Street Journal on the housing market states that​ "Steady job​ growth, rising wages and low interest rate
tensa zangetsu [6.8K]

<u>Solution and Explanation:</u>

Since interest rate is the cost of borrowing, lower interest rate decreases the cost of borrowing for housing mortgage, which increases demand for housing.

It is very much clear from the demand and interest rate have a certain relationship. If the interest rate on a particular amount is lower then the customers will try to get more amount as the cost on such amount will be less which means the burden on the customers would be lower.

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3 years ago
Stanley deposits $1,000 into a savings account that pays 1% interest per year. At the end of the first year, he's earned $10 in
77julia77 [94]

Answer:

$1000

$1010

Explanation:

The formula for determining simple interest = principal x time x interest rate

The formula for determining compound interest = future value - amount invested

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

1000 X 0.01 X 1 = $10

Given the figures in the question, the simple interest each year would be $10 based on $1000

But the compound interest in year 2 = 1000 x (1.01)^2 = 1020.10

1020.10 - 1000 = 20.1

compound interest in year 2 = 20.1 - 10 = 10.1

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1010 x 0.01 x 1 = 10.1

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3 years ago
What are some factors that would influence supply? Explain
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Answer:

Some of the factors that influence the supply of a product are described as follows:

i. Price: ...

ii. Cost of Production:  

iii. Natural Conditions:  

iv. Technology:  

v. Transport Conditions:  

vi. Factor Prices and their Availability:  

vii. Government's Policies:  

viii. Prices of Related Goods

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3 years ago
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Answer:

B. a task analysis

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In the example above, Brent's goal is to ensure that Mason will never repeat his mistake in using bad ingredients ever again.

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