Answer:
Total cash collection= $282,520
Explanation:
Giving the following information:
Sales May= 400 units
Sales June= 400*1.03= 412 units
Selling price= $700
30% of Zhang's sales are for cash.
The remaining 70% are credit sales; these customers pay in the month following the sale.
<u>To calculate the cash receipts, we need to use the following structure:</u>
Cash collection June:
Sales in Cash June= (412*700)*0.3= 86,520
Sales in Account from May= (400*700)*0.7= 196,000
Total cash collection= $282,520
Answer:
True
Explanation:
Viral marketing is a strategy in which companies use online networks to promote a product or service providing information to many people. This works by creating content like videos that are published on the internet and shared with a lot of people. According to that, the statement is true because viral marketing involves generating different types of online content like messages from influencers to promote your product on social media and reach a big audience.
Third-party check. check negotiated through a bank, except one payable to the writer of the check, that is, a check written for cash. The primary party to a transaction is the bank on which a check is drawn. The secondary party is the drawer of the check against funds on deposit in the bank.
I think the term would be industrial corruption