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miskamm [114]
4 years ago
9

Singal Inc. is preparing its cash budget. It expects to have sales of $30,000 in January, $35,000 in February, and $20,000 in Ma

rch. If 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, what are the expected cash receipts for March? $27,600 $34,200 $30,000 $24,600 $28,200
Business
2 answers:
Alja [10]4 years ago
8 0

Answer:

$30,000                                                                                        

Explanation:

The cash budget is a  projection (done by management) of the cash inflows and cash outflows expected for a given period of time.

It shows the expected movement in cash based on the expected sales and expenses.

Given that 20% of sales are for cash, 40% are credit sales paid in the month after the sale, and another 40% are credit sales paid 2 months after the sale, the expected cash receipts for March will include 20% of the sales in March, 40% of the sales in February and 40% of the sales in January.

= 20% * $20,000 + 40% * $35,000 + 40% * $30,000

= $4,000 + $14,000 + $12,000

= $30,000

Svet_ta [14]4 years ago
5 0

Answer:

$30,000

Explanation:

Download xlsx
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Many health care companies are making adaptations to meet the needs of an aging population as the demand for medical services an
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Answer:

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Explanation:

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7 0
3 years ago
Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.
malfutka [58]
If you need to indicate the missing ammount of each letter in the grahp then it will be like follows:
 For the first case:
A = $9,600 + $5,000 + $8,000 = $22,600$22,600 + $1,000 – B = $17,000
B = $22,600 + $1,000 – $17,000 = $6,600$17,000 + C = $20,000
C = $20,000 – $17,000 = $3,000
D = $20,000 – $3,400 = $16,600
<span>E = ($24,500 – $2,500) – $16,600 = $5,400
</span><span>F = $5,400 – $2,500 = $2,900
</span>And now for the second case:
G + $8,000 + $4,000 = $16,000
G = $16,000 – $8,000 – $4,000 = $4,000$16,000 + H – $3,000 = $22,000
H = $22,000 + $3,000 – $16,000 = $9,000(I – $1,400) – K = $7,000(I – $1,400) – $22,800 = $7,000
<span>I = $1,400 + $22,800 + $7,000 = $31,200
</span>J = $22,000 + $3,300 = $25,300
K = $25,300 – $2,500 = $22,800$7,000 – L = $5,000
<span>L = $2,000</span>
8 0
3 years ago
Jose wants to be sure he maintains a high credit score as he is planning to buy a new car soon. What should be do to ensure his
jolli1 [7]
<span>Jose wants to be sure he maintains a high credit score as he is planning to buy a new car soon. What should be do to ensure his score stays high, allowing him to buy his dream car?

A Open a savings account at the local bank.

B Pay off his credit card balance each month.

C Test drive several cars before deciding which to buy.

D All are things he should do to increase or maintain his credit score.

The answer is D.

</span>i think that the answer is D because it depends on what Jose pefers to do.\

And it makes sense.... if im wrong just comment and tell me.
3 0
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Agata [3.3K]
Had to look for the options and here is my answer.
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Slow down before you renter the curve
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