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myrzilka [38]
2 years ago
15

Following is the sales budget for Coore, Inc., for the first quarter of 2019.

Business
1 answer:
gayaneshka [121]2 years ago
3 0

Answer:

a. Sales for November = $192,666.67

b. Sales for December = $312,400,00

c. Total cash collections are as follows:

January = $200,580

February = $201,360

March = $191,750

Explanation:

a. Compute the sales for November.

Sales for November = (Accounts receivable balance at the end of the previous quarter - Uncollected sales from December) / Collection rate two months after the sale = ($107,000 - $78,100) / 15% = $192,666.67

b. Compute the sales for December.

Sales for December = Uncollected sales from December / (Collection rate one months after the sale + Collection rate two months after the sale) = $78,100 / (10% + 15%) = $312,400,00

c. Compute the cash collections from sales for each month from January through March.

Note: See the attached excel file for the schedule of cash collections from sales for each month from January through March.

From the attached excel file, total cash collections are as follows:

January = $200,580

February = $201,360

March = $191,750

Download xlsx
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Answer:

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Explanation:

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The main purpose of insurance policies that are protected by COBRA is to:
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your experience indicates that offering a discount in your email increases responses by 75% year last email without a discount y
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Answer:

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1. Let's review the information given to us to answer the question correctly:

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Percentage of increase if you offer a discount = 75%

2. If you mail the same size list and offer discount how many responses would you expect?​

Number of responses if a discount is offered = Number of responses you had without offering discount * (1 + 0.75)

Replacing with the real values, we have:

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3 years ago
Consider the following totals: Revenues = $100,000; Operating costs and expenses = $45,000; Other revenues = $5,000; Income taxe
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Answer:

$55,000

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The operating income of any entity can be calculated using the following formula:

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7 0
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