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

Author Question: Freemore Company has the following sales budget for the last six months of 2018: ... (Read 302 times)

ENagel

  • Hero Member
  • *****
  • Posts: 540
on: Mar 6, 2021
Freemore Company has the following sales budget for the last six months of 2018:

July$206,000October$181,000
August  168,000November   203,000
September 209,000December  185,000

Sales are immediately due, however the cash collection of sales, historically, has been as follows:
 55% of sales collected in the month of sale,
 35% of sales collected in the month following the sale,
 7% of sales collected in the second month following the sale, and
 3% of sales are uncollectible.

Cash collections for September are ________.

◦ $126,710
◦ $173,750
◦ $188,170
◦ $199,930
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ENagel on Mar 6, 2021

javimendoza7

  • Sr. Member
  • ****
  • Posts: 293
Reply #1 on: Mar 6, 2021
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 49% of students answer this correctly


ENagel

  • Member
  • Posts: 540
Reply 2 on: Mar 6, 2021
Excellent

zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

A gray squirrel, seven months of age near Mobile, Alabama A gray squirrel, seven months of age near Mobile, Alabama
Crying Frequency in the Early Months In their first months of life, infants often cry for no appare Crying Frequency in the Early Months In their first months of life, infants often cry for no appare
The Stillwater Mining Company The Stillwater Mining Company
Deciduous and permanent teeth: (A) deciduous teeth, with the age at eruption given in months; (B) ... Deciduous and permanent teeth: (A) deciduous teeth, with the age at eruption given in months; (B) ...
Jet streams and Earth’s heat budget Jet streams and Earth’s heat budget
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Energy sources - types

For a complete list of videos, visit our video library