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Answer:
July = $237,600
August = $238,400
Explanation:
Note that credit sales account for only 80% of total sales, the remainder should be considered as cash receipts in the month of sale. Cash receipts for July are 20% of July total sales, plus 25% of July credit sales, plus 55% of June credit sales, and 20% of May credit sales:

Cash receipts for August are 20% of August total sales, plus 25% of August credit sales, plus 55% of July credit sales, and 20% of June credit sales:

Budgeted cash receipts are:
July = $237,600
August = $238,400
Answer:
c. brand advertising
Explanation:
<em>c. brand advertising </em>
It engage the consumer to purchase the product or service being advertised.
a. internal advertising
this adverize is done to hire vacants inside the company instead of hiring from utside the company
b. corporate advertising
Is done to put into radar of consumer the entire organization or company. It d not advertize for an individual brand or product.
d. institutional advertising
It is done to focus on the benefits, ideas, or philosophies of the organization. It is done to iprove the reputation. It buils positive image. It do not sale a product or service.
Answer:
5.61 years
Explanation:
Let the Present value be 'x'
Data provided in the question:
Future value = 
Inflation rate, i = 5% = 0.05
Now,
Using the compounding
let number of years be n
thus,
Future value = Present value × [ 1 - inflation rate ]ⁿ
= x × (1 - 0.05)ⁿ
or
0.75 = 0.95ⁿ
on taking log on both the sides
, we get
or
log(0.75) = n × log(0.95)
or
-0.125 = n × (-0.0223)
or
n = 5.61 years
or, n = 11.89 years
Answer:
See calculations below
Explanation:
With regards to the above we'll simply add back the given depreciation to the net profit for 2018
= Net income $1,090,000 + depreciation
$290,000
= $1,358,000
Cash flow for 201 is $1,358,000