Experience has shown that 60% of sales are collected in the month of sale and 40% are collected the month after sale. Calculate expected cash collections for the month of april.

Answers

Answer 1

The expected cash collections for ABC, Inc's expected sales for the month of April is $156,000

What is budgeting?

Budgeting is the tactical implementation of a business plan. It is the process of creating a plan to spend your money.

Given the information above,

= Expected sales in March * 60% of sales are collected in the month of sale

= 160,000 X .60

= $96,000

= Expected sales in Feb * 40% cash collected the month after sale

= 150,000 X .40

= $60,000

Expected cash collections for ABC

= $96,000 + $60,000

= $156,000

Hence, the expected cash collections for ABC, Inc's expected sales for the month of April is $156,000

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Related Questions

A competitive market is in long-run equilibrium. if demand decreases, we can be certain that price will a. fall in the short run. no firms will shut down, but some of them will exit the industry. price will then rise to reach the new long-run equilibrium. b. fall in the short run. all firms will shut down, and some of them will exit the industry. price will then rise to reach the new long-run equilibrium. c. not fall in the short run because firms will exit to maintain the price. d. fall in the short run. all, some, or no firms will shut down, and some of them will exit the industry. price will then rise to reach the new long-run equilibrium.

Answers

At a long run in a competitive market, price will fall if demand decreases and all, some, or no firms will shut down while some of them will exit the industry.

What is a competitive market?

These are markets where no consumer or producer has the major power to influence the market.

This means that there are high mumber of producers that are competing  with one another in hopes to provide goods and services for the consumers.

However, price will fall if demand decreases and all, some, or no firms will shut down while some of them will exit the industry.

Therefore, the Option D is correct.

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Differentiate between the scheduling techniques known as CPM and PERT

Answers

PERT is for Program Evaluation and Review Technique, whereas CPM stands for Critical Path Method. PERT is used to manage unpredictable activities, whereas CPM is used to manage predictable ones. PERT is concerned with events, whereas CPM is concerned with activities.

Helena has always loved children and worked hard to become an elementary school teacher. Her family does not like this career because it traditionally does not pay a lot of money. Helena is determined to stay on her career path. What could Helena do to make sure she is secure financially?

Answers

Answer:

listen to her family and choose another career

Explanation:

Hope this helps! Please let me know if you need more help or think my answer is incorrect. Brainliest would be MUCH appreciated. Have a wonderful day!

Answer:

She could invest the spare money she has, and minimize her cost of living to save as much money as possible.

She could also try to do tutoring on the weekends to make sure extra money.

Table 1 contains information about the number of new business start-ups in four cities in the UK in 2016.
Using the information in Table 1, calculate, to 2 decimal places, the number of new start-ups in Birmingham as a percentage of the number of new start-ups in London. You are advised to show your workings.

Answers

The number of start-ups in Birningham as a percentage of the start-ups in London is 8.51%.

What are percentages?

Percentage is a measure of frequency. It is the fraction of an amount that is usually expressed as a number out of hundred. The sign used to represent percentages is %.

The number of start-ups in Birningham as a percentage of the start-ups in London = (17473 / 205320) x 100 = 8.51%

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The working class tends to identify with manual workers and their long history of involvement in the labor movement. Group of answer choices True False

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It is a true statement that the working class tends to identify with manual workers and their long history of involvement in the labor movement.

Who are the working class?

These class are dominated by persons whose jobs provides a low pay, require limited skill or physical labor.

Some of the other imporant fact about the working class includes:

They forms about 45% of the populationThey are worker who hold regular manual or blue-collar jobsSome of them have higher income than lower-middle classThey are declining noticeably in size in present times.

In conclusion, the statement that working class tends to identify with manual workers and their long history of involvement in the labor movement is true.

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Patrick believes that it is his responsibility to speak on behalf of his team during meetings. However, Patrick's team members have not elected him to be their leader or spokesperson and feel that he is hindering them from expressing their opinions. This work team is most likely experiencing _____

Answers

In this case, the team is experiencing a minority domination which make them to choose not to elect patrick to be their leader since they felt he will hinder them from expressing their opinions.

What is a minority domination?

A minority domination means a situation where a few members of a group dominate the team discussions.

In conclusion, because of the minority domination present in the team, these made them not to elect patrick to be their leader since they felt he will hinder them from expressing their opinions.

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What criteria cannot be used to create a custom segment?.

Answers

Answer:

When a report is based on data from a large number of sessions you may see the following notice at the top of the report This report is based on  sessions.You can adjust the sampling.

Explanation:

hope this helps

What remarketing audiences cannot be defined by default?.

Answers

Answer:

When a report is based on data from a large number of sessions, you may see the following notice at the top of the report This report is based on  sessions.You can adjust the sampling.

Explanation:

hope this helps

Economic stability is a benefit of technological advances. please select the best answer from the choices provided t f

Answers

Economic stability depends on financial health i.e Inflation & Output Growth where technology plays its part but it is not the sole factor.

The above statement is false.

What is Economic stability?

Minor fluctuations in output growth with consistent low Inflation,stable banking system constitutes  Economic stability.

Technological advances has palyed an important role in changing the Economy of any country  but it is not the sole factor. Hence, The statement is False

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Answer:

false

Explanation:on edge

What state in the country has the highest percent of their credit economy with subprime credit scores?.

Answers

Answer:

The state in the country has the highest percent of their credit economy with subprime credit scores is Mississippi.

Explanation:

hope this helps

The state in the country that has the highest percentage of credit economy with subprime credit scores is Mississippi.  

What is a credit score?

The creditworthiness of a client is shown by their credit score, which ranges from 300 to 850. The better a borrower seems to potential lenders, the higher their score.

A credit score is based on a person's credit history, including the number of open accounts, the total amount of debt, the history of payments, and other elements. Credit scores are used by lenders to determine the likelihood that a borrower would make timely loan repayments.

There are numerous credit bureaus in the US, but only Equifax, Experian, and TransUnion are of significant national importance. The market for gathering, examining, and disseminating data about consumers in the credit markets is dominated by this trio.

Financial institutions employ the credit score model that was developed by the Fair Isaac Corp., today is known as FICO. Although there are several credit scoring systems, the FICO Score is by far the most popular. A person may raise their score in a number of ways, such as by making loan repayments on time and maintaining a modest debt load.

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Technology has made our life easier. Justify the statement.

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The digital era has simplified life in every aspect—from keeping people connected, to storing data, making information available, and enhancing security of data to end-end encryption. Technology has made this all possible, and its value and reach expand with each passing day.

Question 1 Brijesh is negotiating with Sara, who wants to purchase his car. The only issue is price. This is an example of a

Answers

Answer:

position-based negotiation

Explanation:

they are bargaining.

This is an example of a negotiation or a bargaining situation.

In this scenario, Brijesh and Sara are engaged in a negotiation over the price of Brijesh's car. Negotiation refers to the process of reaching an agreement or settlement between parties who have conflicting interests or different preferences. It typically involves a back-and-forth exchange of offers, counteroffers, and compromises to find a mutually acceptable solution.

Sara is interested in purchasing Brijesh's car, but the price is the main point of contention. Both parties have different perspectives and goals. Brijesh, as the seller, likely wants to maximize the price he receives for his car, while Sara, as the buyer, aims to pay the lowest possible price.

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In which scenario can a firm pay part, but not all, of its fixed costs and should therefore continue producing even though it is experiencing a loss

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The scenario where a firm pay part, but not all, of its fixed costs is when the price exceeds average variable cost but is less than average total cost.

What is a fixed cost?

It should be noted that a fixed cost simply means a cost that doesn't vary with the production level.

In their case, the scenario where a firm pay part, but not all, of its fixed costs is when the price exceeds average variable cost but is less than average total cost.

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Now, read a final article about the ita’s goal of creating fair trade. based on what you have learned, why does the ita believe that fair trade is important to us businesses and to the world?

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Answer:

The ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.

Explanation:

The ITA believes that fair-trade is important to us for the business because that policies allow countries to transport freely and to remove or the various economic problems.

What is ITA?

The full call of ITA is the Industry Training Authority. It is fully owned or governed by the Italian Government through the Ministry of Finance and the Economy.

It will also make economic possibilities that will support to amend economies in another countries.

This type of support could modify to understanding global contents or issues like poverty.

To encounter these destinations or goals, the ITA accepts that trade barriers need to be destructed with the intention of creating the fair trade.

Therefore, the aim of ITA to solve many problems of the economy.

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What are marketing information systems?

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Answer:

A marketing information system, or an MIS, is a system for gathering, storing, analyzing and distributing valuable marketing data to help marketers make better decisions

An MIS is a system used for gathering, analyzing, storing and distributing marketing information to help the marketers in making decisions.

Building, maintaining and strengthening beneficial relationships with suppliers and customers is accomplished through the use of: a. External process integration b. Data warehouses c. Expediting d. All of these choices are correct.

Answers

Building, maintaining and strengthening beneficial relationships with suppliers and customers is accomplished through the use of: a. External process integration.


What is External process integration?

External process integration can be defined as the process in which suppliers  build and maintain a  long lasting relationship with their customers.

External process integration is important as it enables suppliers to improve the quality of services rendered to their customers and it as well help them to save cost and time.

Inconclusion Building, maintaining and strengthening beneficial relationships is accomplished through the use of: a. External process integration.

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Darren has borrowed $100$ clams from ethan at a $10\%$ simple daily interest. meanwhile, fergie has borrowed $150$ clams from gertie at a $5\%$ simple daily interest. in how many days will darren and fergie owe the same amounts, assuming that they will not make any repayments in that time period?

Answers

Answer:

20

Explanation:

start doing math

In 20 days Darren and Fergie owe the same amounts.

What is simple interest?

simple interest is primarily based on the primary quantity of a  or the primary deposit in a savings account. simple interest does not compound, which means that a creditor will best pay interest on the main amount and a borrower could by no means pay extra interest at the previously gathered interest.

calculation:-

10% is on $100 is = $10

5% SI on $150 = $7.5

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A ___________ cost system would be used by a company that makes custom, made-to-order wedding cakes

Answers

A job order cost system would be used by a company that makes custom, made-to-order wedding cakes.

What is a job order costing system?

A job order costing system is a costing method that determines the cost of manufacturing each product or job separately.

The circumstances that favor the use of the job order costing system include:

Production includes a variety of different and customized products.There is a need to calculate the cost of producing an individual job.Production must match the customer's order and not for stocking for sale.The costs are accumulated for each job separately.A job is performed according to the customer's specifications.

Thus, a  job order cost system would be used by a company that makes custom, made-to-order wedding cakes.

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A product has three distinct layers. The most basic layer is the ________, which consists of all the benefits the product will provide for consumers or business customers.

Answers

The most basic layer of a product is the core product which consists of all the benefits the product will provide for consumers or business customers.

What are core products?

Core products or services are company products/services that are close to the company's core competencies. It describes the satisfaction that a consumer gets from consuming a product.

Core product involves the benefits the product will provide for consumers.

The three layers of products are :

AugmentedActualCore

Hence, the most basic layer of a product is the core product which consists of all the benefits the product will provide for consumers or business customers.

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write the ways of getting information of the foreign employmen​

Answers

Answer:

1.internet. 2.Notice board. 3.Magazines And newspapers

________ are legal documents that the state issues to companies based on information the company provides in the articles of incorporation.

Answers

The legal documents that the state issues to companies based on information that the company provides is known as corporate charter.

What is a corporate charter?

It should be noted that a corporate charter is the document that's filed with the secretary of state to establish a company as a corporation.

It is simply legal documents that the state issues to companies based on information the company provides in the articles of incorporation.

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How much does it cost to open a chick-fil-a franchise?.

Answers

Answer: between $342,990 and $1,982,225, including a $10,000 franchise

Explanation:

Answer:

between $342,990 and $1,982,225, including a $10,000 franchise fee.

Opening a Chick-fil-A franchise costs between $342,990 and $1,982,225, including a $10,000 franchise fee, but unlike most other franchisors, Chick-fil-A covers all opening expenses, meaning franchisees are on the hook only for that $10,000.

In a period of steep increases in interest rates, which issuer is most likely to be negatively affected

Answers

Answer:

the answer to yout question is utility companys

Explanation:

Which best describes a way people can use personal loans? to buy a house to buy a car to pay for college to pay for groceries.

Answers

The best way people can use their Personal loans is to buy or pay for groceries. As there are other separate loans for the things like car, home and pay for college.  

what is a personal loan?

A loan is issued for non-essential purposes, usually to a person with a good credit score who is not required to submit collateral to back up the loan.

A personal loan can be utilized for practically any reason, including settling credit card debt, home upgrades, and large purchases.

Thus option D is correct.

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Answer:

to pay for groceries

Explanation:

edge 2022, just took the test.

The downsloping aggregate demand curve can be explained by.

Answers

The downsloping aggregate demand curve can be explained by interest-rate effect

What is aggregate demand curve?

Aggregate demand curve is a demand curve that shows or indicate all the money spent on the purchase of goods and services.

The goods and services represented on the curve are domestic i.e household and the price at each level is also indicated.

The curve can be explained by the knowing the rate if interest on the goods.

Therefore, The downsloping aggregate demand curve can be explained by interest-rate effect.

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Discuss the technology leadership/e leadership approach as well as it's impact on Samsung electronics

Answers

The leadership approach used by samsung electronic is situational leadership model and it lead to their continuous productivity.

What is situational leadership model?

Situational leadership is a type of leadership style where the leader leads based on the people and the environment he finds himself.

The leader is able to adjust and adapt to ensure a good working environment that will lead to their productivity.

Therefore, the leadership approach used by samsung electronic is situational leadership model and it lead to their continuous productivity.

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Crowding out occurs when investment declines because:.

Answers

Answer:

Crowding out is a concept that has been around in economics since the 1930s and 1940s. It occurs when investment declines because, as a result of stimulus from government spending or tax cuts, private investors believe that they will be less likely to receive profitable investments in the future.

Which of the following is a disadvantage associated with scientific advances? a. decreased urbanization b. increased energy efficiency c. increased waste production d. increased renewable resource use

Answers

Answer:

increased waste production

Though development in the scientific advances and technology helped in improving the quality of life still it increases waste production.

What is Science?

Science refers to the organized body of knowledge that depends upon some principles.

Scientific advancements and technology made life better through improvements in communication, transportation, and growth in the economy but the major disadvantage is an increase in the hazardous waste product that is released into the atmosphere including an increase in carbon dioxide emissions, nuclear wastes, etc.

Thus, increased waste production is a major disadvantage.

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Through which tool does the federal reserve affect money available for banks to loan? discount rate money multiplier open-market operations reserve requirement

Answers

The federal reserve affects money available for banks to loan by using the reserve requirement tool.

What is the reserve requirement in monetary policy?

Reserve requirement is said as the set-aside funds by the commercial banks that they utilize for meeting their liabilities and instant withdrawal from customers.

Therefore, when Fed increases the rate of reserve requirement then banks need to hold the large amount which reduces their ability to loan more funds. It ultimately reduces the money supply and vice-versa.

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Answer:

d or Reserve requirement

Explanation:

flex point 2023

Rothan Corp. Is evaluating the purchase of a small firm, Lemm Inc. , which manufactures products involving advanced technology. These products are expected to revolutionize the home construction industry. Lemm has only a minor share of this growing market, but the market is expected to grow rapidly. Substantial investment will be required. In the BCG matrix, Lemm Inc. Would be placed in the _____________________ category

Answers

Lemm Incorporated will be put in the Question Mark Category on the BCG Matrix because it has a high growth potential but low market share.

What is a BCG Matrix?

The BCG matrix or BCG growth-share Matrix is a strategic tool developed by the Boston Consulting Group.

It is primarily used to categorize an investment based on its future outlook. The four key categories on the BCG Matrix are:

Cash CowQuestion MarkStars and Dogs

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