This below statement is known as 1 point Quarter 1 2 3 4 $62,130 84,084 $36,036 61,438 Beginning AR Quarter 1 Sales (a) Quarter 2 Sales (b) Quarter 3 Sales (c) Quarter 4 Sales (d) Total Collections $26,330 74,894 Year $62,130 120,120 87,768 106,991 138,454 $515,463 $32,097 138,454 $170,551 $146,214 $97,474 $101,224 hey O Schedule of expected Cash Collection O Schedule of expected cash payment O Adjustments in sales O Adjustment in Purchases The firm's treasury department 1 point O Oversees cash management and Accounts receivable O Manages the managerial accounting records O Analyse the firms Tax obligations O Responsible for ratios analysis and data processing 1 point Sales at 20% realized on the day of sales. Balance equally realized in two subsequent quarters. Which one of the following best narrate the above statement? O 20% cash is received at the time of sales and balance is receivable half in the next quarter and the following quarter. O 20% of sales are on Credit, the remaining 80% is paid in two instalments O 80% of the sales are received today and the 20% are credit sales to be received in the next two quarters O All of the options are correct Untitled Section The primary goal of financial management is to 1 point O Maximize current dividends per share of the existing stock. O Maximize the current value per share of the existing stock. O maintain steady growth in both sales and net earnings. O Avoid financial distress Back Next Page 14 of 21 Clear form