Answer:
The total amount of cash expected to be received from customers in September is: B. $ 108,000
Explanation:
The total amount of cash expected to be received from customers in September include the following :
- <em>Cash Sales in the month of September - 25 %</em>
- <em>Cash Receipts from Accounts for August Sales - 75 %</em>
<u>The Calculation of cash expected to be received from customers in September is as follows :</u>
Cash Sales - September = 120,000 × 25% = 30,000
Credit Sales - August = 104,000 × 75% = 78,000
Total = 108,000
Im not so sure yu should ask somebody thats really good in math sorry i couldnt help
Answer:
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Answer:
$105,075
Explanation:
The computation of the operating income is shown below:
Sales (4 × 69,500) $278,000
Less:Variable costs (0.95 × 69,500 + 5% × 278,000) $79,925
Contribution margin $198,075
Less: fixed cost (13,000 + 80,000) $93,000
Net operating income $105,075
We simply deduct the variable cost and the fixed cost from the sales to arrive at the net operating income
Answer:
d. the Circular Flow Model
Explanation:
Based on the information provided within the question it can be said that this statement is an example of the Circular Flow Model. This model (like mentioned in the question) illustrates the flow of cash from different people or company's in different industries. Where one person/company pays another, which takes it in as income and uses that to pay another company for what they need and so on.
