Provide information such as the name address date of birth and social security number verify the account provide identification deposit at least the minimum balance sign an authorization card
Answer:
Incremental B/C = 0.72
∴ 0.7, East should be constructed
Explanation:
See workings attached
Answer:
$412,500
Explanation:
March
Cash receipts from sales on account for April = $400,000 * 75%
Cash receipts = $300,000
April
Cash receipts from sales on account for April = $450,000 * 25%
Cash receipts = $112,500
Total Cash receipts = Cash receipts from sales on account from March + Cash receipts from sales on account from April
Total Cash receipts = $300,000 + $112,500
Total Cash receipts = $412,500