1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ss7ja [257]
2 years ago
12

Frank's sporting goods projects sales for the second quarter of 2021 to be as follows: April $250,000 May $300,000 June $380,000

All of Frank's sales are on credit, 45% of credit sales are collected one month following the sale and the rest are collected two months following the sale. January sales were $150,000, February sales were $180,000, and March sales were $280,000. What are the total cash receipts in the month of May
Business
1 answer:
fomenos2 years ago
8 0

Answer:i would tell you to look on a the brainly app lol

Explanation:

You might be interested in
EmployIT is a newly established recruitment company. It does not have adequate funds to rent out an office space for its employe
kati45 [8]

Answer:

<u>Virtual Team </u>

Explanation:

EmployIT is a newly established recruitment company. It does not have adequate funds to rent out an office space for its employees so all the employees work from home. The employees communicate through email and a third party video call application . This scenario illustrates that the employees are part of a<u> virtual team .</u>

<em>Virtual team is that which are geographically separated but work together for a company , they communicate by using technology or we can say through e-mails or video call.</em>

The major advantage of Virtual team is cost saving . It also improve the productivity of the employees . It helps in getting social isolation. The employees share a feeling of trust between them . The good thing is that the employees have higher focusing one.

8 0
3 years ago
You are a loan officer at a bank. An applicant comes to
oksian1 [2.3K]
The bank would want to know the person’s credit history so the bank knows the person will repay the loan.
3 0
3 years ago
A manager of a store that sells and installs spas wants to prepare a forecast for January, February, and March of next year. Her
Andreas93 [3]

Answer:

JANUARY = 218.28

FEBRUARY = 184.8

MARCH = 207.36

Explanation:

Trend component of demand equation :

Ft = 90 + 6t, where t = 0 in June of last year

Seasonal relatives are ;

1.07 for January

0.88 for February

0.96 for March

Forecast for January, February and March of next year:

JANUARY :

last year June, 't' = 0,

[last year - this year - next year]

Therefore January of next year, 't' = 19

Ft = 90 + 6(19) = 204

Forecast = Ft × seasonal relative

Forecast = 204 × 1.07 = 218.28

FEBRUARY :

Therefore January of next year, 't' = 20

Ft = 90 + 6(20) = 210

Forecast = Ft × seasonal relative

Forecast = 210 × 0.88 = 184.8

MARCH:

Therefore January of next year, 't' = 21

Ft = 90 + 6(21) = 216

Forecast = Ft × seasonal relative

Forecast = 216 × 0.96 = 207.36

3 0
2 years ago
gomez runs a small pottery firm. he hires one helper at $11,000 per year, pays annual rent of $6,000 for his shop, and spends $2
7nadin3 [17]

For a poetry farm, the capital gain is $70,000 while the economic profit is $6,000.

<h3>Why does accounting profit exist?</h3>

The owner's profit, or company profit, is what is meant by accounting profit. This profit may be obtained by totaling all business income and deducting specified costs from the total. The explicit cost in this context refers to expenses spent in the course of operating the firm, such as rent paid, labor costs paid, materials acquired, etc.

<h3>Briefing:</h3>

Accounting costs = Helper cost + Annual rent + materials = $(11,000 + 6,000 + 22,000) = $39,000

Accounting profit = Revenue - Accounting cost = $(70,000 - 39,000) = $31,000

Implicit costs = Interest from savings foregone + earning from alternative job + entrepreneurial talent

= $(4,500 + 17,000 + 3,500) = $25,000

Economic profit = Accounting profit - Implicit costs = $(31,000 - 25,000) = $6,000

To know more about profit visit:

brainly.com/question/15036999

#SPJ4

7 0
1 year ago
​Noah's sporting goods is having difficulty attaining the credit it needs to expand. what should the company do in order to alle
mr_godi [17]
Do advertising in sport magazine?
4 0
3 years ago
Other questions:
  • Which of the following is true about product​ markets?
    12·1 answer
  • In which step of the learning and development process does the employer identify if there are gaps in what new employees need to
    5·1 answer
  • Firms that exhibit priceminustaking behavior A. are independently capable of setting price. B. wait for other firms to set​ pric
    15·1 answer
  • On September 10, Harris, Inc., a new car dealer, placed a newspaper advertisement stating that Harris would sell ten cars at its
    14·2 answers
  • If the total cost of producing 4 units is $150 and the marginal cost of producing the fifth unit is $20, then the total cost of
    14·1 answer
  • You bought a 18-year, 7.2% semi-annual coupon bond today and the current market rate of return is 7.8%. The bond is callable in
    6·1 answer
  • The Heckscher-Ohlin model assumes that there are two countries, each of which produces two goods (say manufactures and agricultu
    9·1 answer
  • Suddeth Corporation has entered into a 6 year lease for a building it will use as a warehouse. The annual payment under the leas
    15·1 answer
  • Assume that a technological breakthrough lowers the cost of manufacturing automobiles. As a result of this event, we could reaso
    14·1 answer
  • The availability of a commodity is referred to as its
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!