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alexandr1967 [171]
3 years ago
9

Forty percent of a firm’s sales are collected during the first month after the sale; 35% are collected during the second month f

ollowing the sale; 20% are collected during the third month following the sale; 5% are collected during the fourth month. What cash is collected in July from May’s sales, which totaled $75,000?
$15,000
$3,750
$30,000
$26,250
Business
1 answer:
bekas [8.4K]3 years ago
7 0

Answer:

$26,250

Explanation:

If may sales were $75,000

July collection for may sales will be?

May..... sales month

June... first month after sales

July ... second month fater sales..of which 35 % is collected

July's collection will be 35/100 x 75,000

=0.35 x$75,000

=$26,250

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pishuonlain [190]
Hey there,

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Based on my research, your correct answer would be </span>purchasing books from a publishing house. By purchasing books from a publishing house, this would  represents inbound logistics for a bookstore.

Hope this helps.
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2 years ago
An analytical technique used by management to focus attention on the most significant variances and give less attention to the a
vovikov84 [41]

Answer:

Management by exception

Explanation:

This is a practice of examining the financial as well as operational results of a business and bringing to management only those differences that show a significant difference between the budgeted and actual amounts. This allows managers to focus on the highly important variances that can affect the growth and profitability of a company significantly. This concept, can however be fine-tuned where small variances are shown but to low-level managers whilst the senior managers will look at the large variances.

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Juan, the owner of Quality Catering, is driven by competition. He is very focused on meeting deadlines and quality, and on deliv
olga2289 [7]

Answer: His employees are regularly rewarded for their success in meeting company goals. <u><em>Quality Catering has a market culture.</em></u>

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3 years ago
Summer Dean was walking through the mall and found a gym bag lying on the ground. The decision Dean must make as to whether to k
suter [353]

Answer:

Ethics

Explanation:

Ethics also called moral philosophy involves how an individual systemises, defends and recommends the concept of right or wrong.

Summer is facing an ethical decision of either returning the bag or keeping it for herself. Her decision will be based on her definition of right or wrong.

If her moral philosophy is one that does not see theft as something that is wrong, she will decide to keep the bag. If on the other hand she sees keeping the bag that is not her own as wrong she will decide to return it.

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Mcmurtry Corporation sells a product for $110 per unit. The product's current sales are 12,200 units and its break-even sales ar
denis23 [38]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Mcmurtry Corporation sells a product for $110 per unit. The product's current sales are 12,200 units and its break-even sales are 10,614 units.

<u>The margin of safety is the number of units or amount of dollars that provide genuine profit to the company. It is the "margin" that gives room to try new strategies</u>.

It is calculated using the following formula:

Margin of safety ratio= (current sales level - break-even point)/current sales level

Margin of safety ratio=  (12,200 - 10,614) / 12,200

Margin of safety ratio= 0.13=13%

5 0
3 years ago
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