Answer:
January $151,575
February $248,675
March $305,525
Explanation:
The computation of the cash collections is shown below:
January month
= January credit sales × month of sale collection percentage
= $202,100 × 75%
= $151,575
February month
= January credit sales × following month collection percentage + February credit sales × month of sale collection percentage
= $202,100 × 25% + $264,200 × 75%
= $50,525 + $198,150
= $248,675
March month
= February credit sales × following month collection percentage + February credit sales × month of sale collection percentage
= $264,200 × 25%+ $319,300 × 75%
= $66,050 + $239,475
= $305,525
Answer:
if the business is florishing, as an example Medical sectors during pandemic they are going to grow till they are in a high demand
Answer:
Dennis Kozlowski was found guilty of grand larceny, falsifying business records, securities fraud, and conspiracy. He later admitted to have been driven by excessive greed as he overcompensated himself when he served as CEO of Tyco.
Explanation:
Dennis Kozlowski during his crime trial was found to have received "$81 million in unauthorized bonuses, the purchase of art for $14.725 million, and the payment by Tyco of a $20 million investment banking fee to Frank Walsh, a former Tyco director," according to wikipedia.com.
The potential risk that the investors may face when this is made use is that the issuer may not be able to make profit when the bonds are considered to offer as a guaranteed return because they are honored by law and with that, this will cause the value of the bond to be lowered when exposed in the market in which the return will also be lower when return to the investors.
