This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Three Sisters Catering prepared the following sales budget:MonthCash SalesCredit SalesMarch $20,000 ... (Read 218 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
on: Jan 5, 2020
Three Sisters Catering prepared the following sales budget:

MonthCash SalesCredit Sales
March $20,000 $10,000
April $36,000 $16,000
May $42,000 $40,000
June $54,000 $48,000

Credit collections are 35% in the month of sale, 55% in the month following the sale, and 10% two months following the sale. The remaining 5% is expected to be uncollectible.


What are the total cash collections in May at Three Sisters Catering?
◦ $66,200
◦ $65,800
◦ $21,800
◦ $76,400
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Garrulous on Jan 5, 2020

tennis14576

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


Devin Davies

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Nov 16, 2020
Thank you


« previous next »
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Energy budget for a temperate deciduous forest (data from Gosz et al. 1978). Energy budget for a temperate deciduous forest (data from Gosz et al. 1978).
Surgical instruments prepared for a procedure. Surgical instruments prepared for a procedure.
A Subject Prepared for a Night’s Sleep in a Sleep Laboratory A Subject Prepared for a Night’s Sleep in a Sleep Laboratory
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Nicholas Nixon, The Brown Sisters. Nicholas Nixon, The Brown Sisters.
Earth’s Heat Budget Earth’s Heat Budget
Video: Oxygen transport: association and dissociation & Factors that affect hemoglobin's saturation with O2

For a complete list of videos, visit our video library