Answer:
July = $237,600
August = $238,400
Explanation:
Note that credit sales account for only 80% of total sales, the remainder should be considered as cash receipts in the month of sale. Cash receipts for July are 20% of July total sales, plus 25% of July credit sales, plus 55% of June credit sales, and 20% of May credit sales:
Cash receipts for August are 20% of August total sales, plus 25% of August credit sales, plus 55% of July credit sales, and 20% of June credit sales:
Budgeted cash receipts are:
July = $237,600
August = $238,400
Answer:
its fun to answer other people's questions when you know the answer and when you don't you can use Google and still get points for it. that's always fun is feeling smart. or you get help from others on questions you can either type up your question or take a picture of it!! there's many benefits.
Explanation:
unlike other apps like Socratic it only knows some answers in math class and history, but here there's smart people out there that are able to answer almost any questions for you, there's always someone in the world that knows on here!
Answer: Harder to sustain cooperation
Explanation:
When the number of firms in an oligopolistic market increases as is the case here, cooperation becomes harder because profits become smaller so companies start to become more selfish.
Also in this scenario, the cheating firm has the incentive to do so because the profit is so much higher than sharing so companies will always be looking to cheat in order to make this profit. The other firms would reply by reducing prices and all of them would suffer.
2
Hope this helps
-Zayn Malik 1795
