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goblinko [34]
3 years ago
15

The Gardner Company expects sales for October of $247,000. Experience suggests that 40% of sales are for cash and 60% are on cre

dit. The company collects 50% of its credit sales in the month of sale and 50% in the month following sale. Budgeted Accounts Receivable on September 30 is $67,500. What is the amount of cash expected to be collected in October
Business
1 answer:
LenKa [72]3 years ago
6 0

Answer: $74100

Explanation:

Based on the information given, the amount of cash expected to be collected in October will be calculated thus:

October, credit sales will be:

= 60% x $247000

= $148200

Since the amount that'll be collected in October will be 50% of the credit sales. This will be:

= 50% × $148200

= $74100

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If Depressants such as alcohol, ___________and sedatives affect the central nervous system by slowing down or depressing reflexe
Juli2301 [7.4K]

Answer:

The answers are in the image for the first one

Explanation:

hope this helps!

6 0
2 years ago
The "Plan to Win" initiative is built around five factors that drive McDonald’s business: people, products, place, price, and pr
eimsori [14]

Answer:

The plan to win focusses mainly on the customer strstegic framework which is different from all other 4 P's.

Explanation:

Answer:

The plan to win strategy is a customer strategic framework which is different from the 4 p's.

Explanation:

The four Ps in marketing strategy.

These are listed as

  • product
  • price
  • place
  • promotion.

The four factors we must consider when you plan your marketing strategy. The four Ps are also known as the “marketing mix.” To meet the needs of different customers or market sectors, you can change the mix by varying the product you offer, the price you charge, the place you sell it and the way you promote it.

If you only see the negative things and instead of the positive things, then you don't see why Mcdonalds is still a challenger.

If you haven't gone to other countries, Mcdonalds serves different food menu that is more nutritious, different marketing to its consumers.

Secondly, some of its franchisees have their new "McCafe" menu separated completely from the official "McDonald" store, it is a clone of Starbucks, and quite successful to be honest, because the new generation just wants a quick bite and a drink instead of a fast food main meal these days.

The price is competitive and the delivery is faster than its rivals fast food chains, at the same time, its expanding in bigger quantities than its rivals for the same countries they compete.

It has a long history as a brand, and because I don't like McDonalds so much like Subway, I can't give you the best complete answer why it is successful, but of all that, I can't see it doesn't deserve to be what it is today.

And boy, do you remember all the happy meals we got at Mcdonalds when we were young? Remember that "playground" in Mcdonalds inside? Maybe one of the birthdays of one of your classmates was done there? Remember that old trusty clown and the villains? I am in a fast food chain. Not on Disneyland. I don't know what is this.

Even today, their toys are better than what their rivals offer. For most, their memories who still purchase at Mcdonalds may be pre programmed due to those past events for  buying Mcdonalds still, but I can't honestly tell.

As for the rest, the "value meal" is their selling point, it is to turn their customers to loyal customers. That tipping point was followed by other rivals as well, especially to grab the low wage workers (which is a big market audience), but they were not early adopters as Mcdonalds itself. Even if that low wage worker becomes a middle or high wage worker, he may still go to Mcdonalds from time to time due to his old memories going to Mcdonalds before. He became kind of a "loyal" member to Mcdonalds.

There may be other better answers why Mcdonalds stands out, but that is all from my own perspective.

the company now intensify its commitments based on its customer requirements.

4 0
3 years ago
Harry's competitive math team has been ranked the number one team for the past 40 days. His team competes in a math competition
Ray Of Light [21]

Answer:

Answer for the question:

Harry's competitive math team has been ranked the number one team for the past 40 days. His team competes in a math competition at least once per day and competes in no more than 60 competitions in these 40 days. Show that there is some day $i$ and some day $j$ such that between $i$ and $j$, exactly 19 matches have been played.

is given in the attachment.

Explanation:

7 0
3 years ago
Investment methods, such as net present value and internal rate of return, ________
Likurg_2 [28]

Investment methods, such as net present value and internal rate of return,<u> </u>and<u> </u><u>Net present value</u><u> (NPV)</u>.

Net present value is the distinction between the prevailing fee of cash inflows and the prevailing fee of coin outflows over a time period. NPV is utilized in capital budgeting and funding making plans to analyze the profitability of a projected investment or task.

Net present value is the present fee of the coins flows at the specified rate of going back of your challenge in comparison for your preliminary funding,” says Knight. In sensible terms, it is a technique of calculating your go-back on funding, or ROI, for a venture or expenditure.

The net present price or internet gift really worth applies to a chain of coin flows going on at different instances. The existing value of a cash drift depends on the c programming language of time among now and the coins flow. It also depends on the bargain rate. NPV accounts for the time value of cash.

Learn  more about Net present value here brainly.com/question/17185385

#SPJ4

7 0
2 years ago
You want to invest $18,000 and are looking for safe investment options. Your bank is offering you a certificate of deposit that
insens350 [35]

Answer:

The correct solution is "6.09%".

Explanation:

Given:

Nominal rate,

= 6%

or,

= 0.06

As we know,

⇒ EAR = [(1+\frac{APR}{m} )^m]-1

By substituting the values, we get

             =[(1+\frac{0.06}{2} )^2]-1  

             =[(1+0.03 )^2]-1

             =1.0609-1

             =6.09 (%)  

3 0
3 years ago
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