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Andrej [43]
2 years ago
10

Stickel Company has the following sales​ budget: Month Cash Sales Credit Sales September ​$100,000 ​$200,000 October ​125,000 ​1

90,000 November ​207,000 ​199,000 December ​67,000 ​133,000 Collection of credit sales are​ 50% in the month of​ sale, 40% in the month following​ sale, and​ 10% two months following sale. No uncollectible accounts are expected. What is the expected balance of Accounts Receivable at October​ 31?
Business
1 answer:
NISA [10]2 years ago
7 0

Answer:

$182300

Explanation:

$182300

September credit sales  account for 40% of October accounts receivable since it will be paid one month following sales

October credit sales will account for 50% of account receivable since it is paid in the month of sale

the calculation has been done in the attachment for further explanation

     

Download docx
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Answer: 6.6%

Explanation:

The Pure Expectations Theory believes that the future long term rate is a reflection of future short term rates.

In terms of a 5 Treasury Security then, the rate of return to be expected is the risk free rate adjusted for inflation.

The Treasury Security has no risk but for inflation risk hence this is all that should be catered for.

Rate of Return on 5 year Treasury Security = Real Risk Free Rate + Inflation Rate

= 2.5% + 4.1%

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5 0
3 years ago
Outsourcing means that :
g100num [7]

Answer:

B

Explanation:

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3 years ago
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miv72 [106K]

Answer:

Policy loans are permitted on an interest-free basis.

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2 years ago
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Answer and Explanation:

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3 years ago
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Answer:

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