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
Marat540 [252]
3 years ago
10

Home Corporation will open a new store on January 1. Based on experience from its other retail outlets, Home Corporation is maki

ng the following sales projections: Cash Sales Credit Sales January $60,000 $40,000 February $30,000 $50,000 March $40,000 $60,000 April $40,000 $80,000 Home Corporation estimates that 70% of the credit sales will be collected in the month following the month of sale, with the balance collected in the second month following the month of sale. Based on these data, the balance in accounts receivable on January 31 will be:
Business
1 answer:
kiruha [24]3 years ago
4 0

Answer:

$95,850

Explanation:

You might be interested in
For every consumer who purchases a pair of toms shoes for $55.00, the company promises that a child will receive a pair of shoes
sammy [17]
Of the top of my mind it would be Charity. There may be another term for it though. <span />
5 0
3 years ago
What are the features of burton biscuits
Sidana [21]
Chocolate chip cookies- a little gooey when warm
dodgers-delightfully sweet and full of filling
to name a few...
3 0
3 years ago
If Jane can produce 3 pairs of shoes per hour, while Bob can produce 2, then ______ has a(n) ______ advantage in producing shoes
Mrac [35]

<u>Answer: </u>Option A

<u>Explanation:</u>

Jane has an absolute advantage than Bob. Absolute advantage than Bob as she can produce one pair of shoes additionally in the same given time. Here the absolute advantage is that production is done at a faster rate.

Absolute advantage means in comparison with the competitors one can give better output with same amount of resources allocated. Comparative advantage means the lowest opportunity cost in producing a product. These two concepts are used by countries to decide on which product needs to be produced.

8 0
4 years ago
In an effort to simplify the multiple production department factory overhead rate method, the same rate can be used for all depa
Free_Kalibri [48]

Answer: False

Explanation:

Different departments incur different types of costs based on the product that they are producing. It would therefore not be right to use the same rate for all departments as it might capture cost inadequately.

The overhead rate should always take into account the unique circumstances of a department such that costs can be assigned as accurately as possible.

3 0
3 years ago
Assume that apples cost $0.60 in 2002 and $1 in 2009, whereas oranges cost $1 in 2002 and $0.70 in 2009. If the household consum
Schach [20]

Answer: 91.67

Explanation:

Consumer Price Index₂₀₀₂ = ( Basket Price in Year of interest₂₀₀₂ / Basket Price in Base year₂₀₀₉) * 100

Basket Price in 2002 = (10 * 0.6) + (5 * 1)

= $11

Basket Price in 2009 = (5 * 1) + (10 * 0.7)

= $12

Consumer Price index = 11/12 * 100

= 91.67

4 0
3 years ago
Other questions:
  • Which capability of digital dashboards enables users to have reports that highlight deviations larger than certain thresholds?
    8·1 answer
  • Fixed manufacturing overhead was budgeted at $200,000, and 25,000 direct labor hours were budgeted. If the fixed overhead volume
    9·1 answer
  • Of the following statements, which are true for the corporate form of organization? (You may select more than one answer. Single
    11·1 answer
  • The minimum monthly payment for Rebecca's credit card is 2% of her balance or $15, whichever is higher. If Rebecca's balance at
    15·2 answers
  • How can knowledge of call options help a financial manager to better understand warrants and convertibles
    7·1 answer
  • Girls between the ages of 8 and 15 years are one of the growing markets for high-end shoe manufacturers, and podiatrists say the
    7·1 answer
  • Determine the number of personal and dependency exemptions ineach of the following independent situations.
    11·1 answer
  • At the end of its first month of operations, Michael's Consulting Services reported net income of $29,200. They also had account
    15·1 answer
  • Which job in the Finance career would be best for someone who had knowledge of banking and credit systems and the ability to rep
    9·2 answers
  • There are two ways in which the fed can provide additional reserves to the banking system: it can ________ government bonds or i
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!