Answer:
Explanation:
Schedule of expected cash collection is a form of budgeted that list the time frames and the amount of payment expected from customers for the purpose of efficient planning.
Account receivables
60% * October sales = 67,000
November sales
40% * 320000 (November sales) = $128,000
$195000
December cash collection
60%*320000 (November sales) = 192000
40%*330000 (December sales)= $132000
$324,000
What kind of business organization will best serve his or her interests.
All of the other decisions are very important, but unless you know what type of organization you want it will be hard to make other more important decisions about the business.
Answer:
False
Explanation:
Six sigma is a tool used by organizations to improve their processes and reduce defects, to improve quality of their products or services.
<u><em>It focuses on reducing variation in the business processes (from manufacturing, sales, delivery, to customer service), to reduce defects and increase the quality of goods and services</em></u><em>.</em> <em>It also generally improves organizational performance and increases profit.</em>
Six sigma does NOT focus on customers feedback to reduce variation and waste.
Answer: Expected value = $2.034
Explanation:
Total outcome = 52
Favorable Outcome = 8
Probability of drawing a card with a value of three or less = 
= 
= 
Probability of drawing a card with a value of more than three = 1 -
= 
Hence,
Expected value = 
= 22.338 - 20.304
= $2.034
