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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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2 years ago
An indifference curve illustrates ... a) how consumers are indifferent about the location of their own consumption levels relati
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Answer:

Option c) how a consumer might trade off different levels of consumption of each of two goods, while staying at the same utility level.

Explanation:

This is the very definition of an indifference curve. The points in an indifference curve are the combinations of the quantities (level of consumption) of two different goods which will produce the very same utility to the consumer. The consumer will perceive any of those combinations as having the same utility for him.  

For example, a usual graph of various indifference curves will look like the graph attached.

In this graph the combination of 2 pairs of shoes and 15 pants will be perceived as having the same utility as the combination of 5 pairs of shoes and 4 pants. Both are combinations in the same indifference curve, the green one, and the utility of any combination lying in that green curve will be rated the same: u = 1.

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3 years ago
An investment adviser representative who makes extensive use of third-party research to formulate portfolio recommendations to c
tiny-mole [99]

Answer: A) need not disclose that fact to the clients

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3 years ago
Alpha Computing's Retained Earnings account had a zero balance at the beginning of 2018. What amount of dividends did the compan
MArishka [77]

Answer:

The company paid in dividends the same amount of the Net Income of the Year 2018

Explanation:

If the company keeps the retained gains at zero balance it means that each dollar the company gains during the year it's paid in dividends.

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7 0
3 years ago
You are analyzing a project with an initial cost of £130,000. The project is expected to return £20,000 the first year, £50,000
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Answer: Net Present Value = -$19,062

Explanation:

First, we'll compute the PV for the respective years

Present Value (Year-1)

= 0.6211 \times [1 + (0.055 - 0.06)]^{1}

=0.6179945

Present Value (Year-2)

= 0.6211 \times [1 + (0.055 - 0.06)]^{2}

=0.614904528

Present Value (Year-3)

= 0.6211 \times [1 + (0.055 - 0.06)]^{3}

=0.611830005

Now, we'll compute the Cash Flow for the respective years

Cash Flow (Initial)

= -130,000\times (\frac{1}{0.6211} )

= -$209,306.07

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Cash Flow (Year-3)

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= -$209,306.07 +$28,388.38 + $62,568.05 + $99,288.10

= -$19,062

3 0
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