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ss7ja [257]
3 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:
fomenos3 years ago
8 0

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

Explanation:

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The amount by which sales can drop before losses are incurred is the
ohaa [14]

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Margin of safety Amount by which sales can decrease before a loss is incurred.

8 0
3 years ago
You are upgrading to better production equipment for your​ firm's only product. The new equipment will allow you to make more of
Ray Of Light [21]

Answer:

$310,080

Explanation:

Incremental revenue refers to the additional revenue generated by a certain project or activity. In this case, your sales should increase by 16% from 102,000 units to 118,320 units. Total revenue will increase from $1,938,000 (= 102,000 x $19) to $2,248,080 (= 118,320 x $19).

The incremental revenue = $2,248,080 - $1,938,000 = $310,080

4 0
3 years ago
What has happened with the GDP of Indonesia over the past 2 to 3 years?
ser-zykov [4K]

Answer:

Indonesia’s real GDP growth picked up to 5.2 percent year-on-year in the fourth quarter of 2017 from 5.1 percent in the previous quarter. For 2017, the country’s GDP growth rose to 5.1 percent from 5.0 percent in 2016, its highest growth rate in four years.

7 0
3 years ago
In its December 31 balance sheet, Butler Co. reported trade accounts receivable of $250,000 and related allowance for uncollecti
frosja888 [35]

Answer:

$230,000

Explanation:

Given:

Trade accounts receivable = $250,000

Uncollected accounts = $20,000

Computation:

Total Amount Of Risk = (Trade Account receivable - Uncollected Accounts)

=( $250,000 - $20,000)

= $230,000

No , Any financial loss danger off-balance sheet resulting from registered accounts or receivable notices not include in it.

6 0
3 years ago
A group of 4 children and 7 adults are going to the zoo. Child tickets cost $4, and adult tickets cost $8. How much will the zoo
Musya8 [376]

Answer:

The answer is $72

7 0
4 years ago
Read 2 more answers
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