Avril Company makes collections on sales according to the following schedule: 40% in the month of sale
Question:
40% in the month of sale
56% in the month following sale
4% in the second month following sale
The following sales have been are expected:
Expected _________________Sales
January.......................$150,000
February.....................$160,000
March........................$150,000
Budgeted cash collections in March should be budgeted to be:
a. $155,600
b. $149,600
c. $150,600
d. $150,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (10 reviews)
a 155600 Therefore budgeted cash collection in march is 155600 Particula...View the full answer
Answered By
Nicole omwa
Being a highly skilled tutor with at least 5 years of tutoring experience in different areas, I learned how to help diverse learners in writing drafts of research papers, actual research papers and locate credible sources. My assurance is built upon my varied knowledge of a variety of subjects. Furthermore, my involvement and interaction with numerous learners of all levels has allowed me to understand my clients' specific demands. Ultimately, this has aided me in being a better coach to learners to better their grades. Essentially, my responsibilities as a tutor would include:
Teaching abilities that assist pupils in enhancing their academic performance
Personal interaction with learners to make them understand abstract concepts
Inducing new skills and knowledge into their academic journeys
Fostering individual reflection, and independent and critical thinking
Editing and proofreading
Because I am constantly available to respond to your queries, you may decide to rely on me whenever you require my assistance. As an assurance, my knowledge skills and expertise enable me to quickly assist learners with different academic challenges in areas with difficulty in understanding. Ultimately, I believe that I am a reliable tutor concerned about my learner's needs and interests to solve their urgent projects. My purpose is always to assist them in comprehending abstract schoolwork and mastering their subjects. I also understand that plagiarism is a severe offense and has serious ramifications. Owing to this, I always make it a point to educate learners on the numerous strategies to have uniquely unique solutions. I am familiar with the following formatting styles:
MLA
APA
Harvard
Chicago
IEEE
Communication is always the key in every interaction with my learners. Hence, I provide timely communication about the progress of assigned projects. As a result, I make sure that I maintain excellent communication with all of my clients. I can engage with all of my customers more effectively, assisting them with their unique academic demands. Furthermore, I attempt to establish a solid working relationship with my leaners I have exceptional abilities in the below areas;
Sociology
History
Nursing
Psychology
Literature
Health and Medicine
Chemistry
Biology
Management
Marketing
Business
Earth Science
Environmental Studies
Education
Being a teacher who aces in diverse fields, I provide various academic tasks, which include;
Academic Reports
Movie Reviews
Literature Reviews
Annotated bibliographies
Lab reports
Discussion posts
Dissertations
Case study analyses
Research proposals
Argumentative Essays
I guarantee you high-quality Papers!!!!!
5.00+
17+ Reviews
32+ Question Solved
Related Book For
Question Posted:
Students also viewed these Managerial Accounting questions
-
The Cheadle Company purchased a fleet of 20 delivery trucks for $8,000 each on January 2, 2007. It decided to use composite depreciation on a straight-line basis, and calculated the depreciation from...
-
Helen makes cheesecakes using equipment that she rents for $300 and cheese and butter that cost $4.55 a cake. She hires workers and finds that they produce according to the following schedule:...
-
Roche City has two major sources of revenues, prop-erty tax and sales tax, which are billed according to the schedule at the top of the next page. Traditionally, property tax revenues have been...
-
A firm has total debt of $6,000,000 and stockholder's equity is $4,000,000. The firm wants to calculate equity-to- total asset ratio in order to make decision about further raise of capital. What is...
-
Protons with momentum 4.8 X 10-16Kg-m/s are magnetically steered clockwise in a circular path 2.0km in diameter at Fermi national accelerator Laboratory in Illinois. Determine the magnitude and...
-
You are importing 25 level 1 EV chargers and 25 level 2 EV chargers from china to Canada, which value is $5000 and $6250 Continue your operation for 1 year-12 month From 0(zero) cost and revenue Each...
-
(a) Compute the monthly excess returns on Exxon, General Electric, Gold, IBM, Microsft and Walmart. Be particularly carefully when computing the correct risk free rate to use. (b) Estimate the CAPM...
-
Li Company produces large quantities of a standardized product. The following information is available for its production activities for January. Additional information about units and costs of...
-
In 2021 John and Larry filed a joint tax return. They are cash-basis taxpayers. They paid the following. They itemize their deductions. FICA taxes on their wages $1,000 Property tax on home in Los...
-
The bank portion of the bank reconciliation for Carlin Company at November 30, 2012, is shown here and on the next page. The adjusted cash balance per bank agreed with the cash balance per books at...
-
Avery Company has two divisions, Polk and Bishop. Polk produces an item that Bishop could use in its production. Bishop currently is purchasing 26,000 units from an outside supplier for $16 per unit....
-
Mrs. Beach wants to invest a lump sum of money today to have $100,000 when she retires at 65 (she is 40 today). a. How much of a deposit would she have to make if the interest rate on the C.D. was...
-
Test the series for convergence or divergence. In n 0 (-1) V -1
-
Your company is planning to air a number of television commercials during the ABC Television Network's presentation of the Academy Awards. ABC is charging your company a variable cost of...
-
answer the following questions with the data provided. Show calculations by illustrating using the funnel model. Sales = 90 units/month (In flow) Production = 90 units/month (outflow) Backlog = 225...
-
Experimental data has shown that the osmotic pressure, of a solution is proportional to the concentration of the solute and temperature, T. In a routine performance test of a laboratory...
-
7. (10 points) The diagram at right shows a WIFI network with an access point, X and hosts B and C. The large circles indicate the coverage areas of the three hosts. The coverage area for X is not...
-
A 100 m rigid tank at 25 C initially contains 1 atm of argon (MW= 40 g/mol). We want to know how long it will take to fill the tank with an additional 1,000 kg of argon. Assume for this problem...
-
A company purchased a new machine for $12,400. The expected useful life of this machine is six years with no salvage value . The new machines CCA rate is 17%. The company has a minimum after-tax...
-
Identify the source of funds within Micro Credit? How does this differ from traditional sources of financing? What internal and external governance mechanisms are in place in Micro Credit?
-
Consider a knowledge base containing just two sentences: P() and P(h). Does this knowledge base entail V x P(x)? Explain your answer in terms of models.
-
Is the sentence x, y x = y valid? Explain.
-
Write down a logical sentence such that every world in which it is true contains exactly one object.
-
In eukaryotes, which two processes occur during termination of transcription?
-
Below is the list of eukaryotic organelles. Mitochondria | Plant chloroplast | Nucleus | Lysosome | Nuclear envelope | Rough endoplasmic reticulum | Golgi apparatus | Smooth endoplasmic reticulum |...
-
Study customer touchpoints. Remember that we are working with the B2C market. Select two stages of the customer decision journey Answer the following questions: For each selected stage, identify a...
Study smarter with the SolutionInn App