Answer:
a. Sales for November = $192,666.67
b. Sales for December = $312,400,00
c. Total cash collections are as follows:
January = $200,580
February = $201,360
March = $191,750
Explanation:
a. Compute the sales for November.
Sales for November = (Accounts receivable balance at the end of the previous quarter - Uncollected sales from December) / Collection rate two months after the sale = ($107,000 - $78,100) / 15% = $192,666.67
b. Compute the sales for December.
Sales for December = Uncollected sales from December / (Collection rate one months after the sale + Collection rate two months after the sale) = $78,100 / (10% + 15%) = $312,400,00
c. Compute the cash collections from sales for each month from January through March.
Note: See the attached excel file for the schedule of cash collections from sales for each month from January through March.
From the attached excel file, total cash collections are as follows:
January = $200,580
February = $201,360
March = $191,750
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
The added salt did not exceed the Kaylene's PERCEPTUAL threshold. Perception involves interpreting information send by our senses. Threshold refers to the minimum quantity of a thing that can produce effect. There are different types of threshold. Perceptual threshold refers to the point where one can maintain the perception of a product.
Answer:
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Explanation:
Answer:
An offer to be featured in an upcoming edition of Taste of Home magazine would be considered as part of the promotion element of the marketing mix.
Explanation:
Featuring the offer in an magazine is a way to promote the business and spread the word. The promotional element of the marketing mix includes promotional methods, message strategies, media strategies, and message frequency. This is one of the most important contributors to sales and traffic generation.
