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Goryan [66]
3 years ago
8

Junior Snacks reports the following information from its sales budget:

Business
2 answers:
mestny [16]3 years ago
4 0

Answer:

A. $146,200

Explanation:

Cash from the sales made on credit is collection after some time period. Some receivables are collected in the period of sale and remaining after that period.

In this question 40% of sales made in October collected in this month and 60% in November. Same for Following Months

Collection in November

Current Months Sales (40% x $151,000)  $60,400

October sales ( 60% x $143,000 )            <u>$85,800</u>

Total Cash Collection in November         <u>$146,200</u>

Nady [450]3 years ago
3 0

Answer:

A. $146,200

Explanation:

Collection from October sales (60% of October sales) [14300 x 60%]$ 85,800.00

Collection from November sales (40% of November sales) [151000 x 40%] $

60,400.00

Total collection in November $ 146,200.00

Therefore The total amount of cash expected to be received from customers in November is: $ 146,200.00

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Jade puts a picture of a collection of rare sports memorabilia up for bids on BuyBay, an Internet auction site. Khalil makes the
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Answer:

cyber fraud.

Explanation:

Cyber fraud can be regarded as one the numeeous type of cybercrime fraud, it could be a deception or tricks in the use the Internet just to defraud people, stealing of victims information and other valuables. These could able hiding of information by the fraudster or giving fake information so he/she can rob victims online of their valuables.

4 0
3 years ago
On November 1, 2013, Wenger Co. paid its landlord $4,260 in cash as an advance rent payment on its store location. The six-month
Lubov Fominskaja [6]

Answer:

The journal entry should be:

November 1, 2013, six months of rent paid in advance

Dr Prepaid rent 4,260

    Cr Cash 4,260

Assets                                             = liabilities + equity

cash            prepaid rent

-$4,260       $4,260                          $0              $0

Revenues           -          Expenses          =           Net income

$0                                  $0                                   $0

This operation represents an operating cash flow activity.

3 0
3 years ago
You buy a $10,000 par treasury bill at $9,575 and sell it 60 days later for $9,675. what was your ear?
Dahasolnce [82]
To find the EAR:

EAR = (sold price/purchase price)^(days in year/days you had it) -1
EAR = (9,675/9,575)^(365/60)-1
EAR = .06524 

Then to make the decimal a percentage multiply the answer by 100.
EAR = .06524(100)
EAR - 6.52%
5 0
3 years ago
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When you download and print the NCAA Basketball Tournament bracket (a paper to pick who you think will win the NCAA Men's Basket
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Answer:

2. Unilateral contract

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Because in a unilateral, or one-sided, contract, one party, known as the offeror, makes a promise in exchange for an act (or abstention from acting) by another party, known as the offeree.

5 0
3 years ago
The greatest amount of satisfaction comes from which utility?
eimsori [14]

The greatest amount of satisfaction comes from good's consumption of utility or say utility maximizer.

<h3>What is the term about?</h3>

A utility maximizer is known to be a person that seeks to get the highest satisfaction or happiness.

Utility is known to be the happiness or benefit consumers gotten from a good's consumption.

Therefore, The greatest amount of satisfaction comes from good's consumption of utility or say utility maximizer

Learn more about utility from

brainly.com/question/24922430

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2 years ago
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