subject
Mathematics, 16.10.2020 06:01 Lucid4465

Corporation's budgeted monthly sales are $5,000, and they are constant from month to month. Its customers pay as follows: 40% pay in the first month and take the 2% discount, while the remaining 60% pay in the month following the sale and do not receive a discount. The firm has no bad debts. Purchases for next month's sales are constant at 50% of projected sales for the next month. "Other payments," which include payments for wages, rent, and taxes, are 25% of sales for the month. Construct a cash budget for a typical month and calculate the average cash gain or loss during the month. a. $1,092

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
Find the product of (4x + 3y)(4x − 3y). 16x2 − 24xy + 9y2 16x2 − 9y2 16x2 + 24xy + 9y2 16x2 + 9y2
Answers: 1
question
Mathematics, 21.06.2019 18:00
How many glue sticks are in a basket containing 96 scissors, if the ratio of glue sticks to scissors is 19 to 57.
Answers: 1
question
Mathematics, 21.06.2019 19:30
The american academy of pediatrics wants to conduct a survey of recently graduated family practitioners to assess why they did not choose pediatrics for their specialization. provide a definition of the population, suggest a sampling frame, and indicate the appropriate sampling unit.
Answers: 3
question
Mathematics, 21.06.2019 22:00
Rewrite 9 log, x2 in a form that does not use exponents. 9log, x = log, x
Answers: 3
You know the right answer?
Corporation's budgeted monthly sales are $5,000, and they are constant from month to month. Its cust...
Questions
question
Mathematics, 05.07.2021 18:10
question
Mathematics, 05.07.2021 18:10
question
Biology, 05.07.2021 18:10
Questions on the website: 13722361