The Gadget Company manufactures a wrist watch for spy agencies. ...

[jon_i]

The Gadget Company manufactures a wrist watch for spy agencies. The watch has a built-in cell phone, Geiger counter, compass, magnet and garroting wire. Sales are expected to commence in February and remain level at 10,000 units per month. The watch sells for $2 per unit. Gadget expects all of its sales to be on credit, and will collect half of its accounts in the month after the sale and the other half two months after the sale. What are total cash inflows in April?

Sales and Collections Forecast

The Gadget Company

​	January	February	March	April
Sales Forecast	$0	$20,000	$20,000	$20,000
Collections from last month	​	​	​	​
Collections from 2 months ago	​	​	​	​
Total Cash Inflows	​	​	​

◦ $0
◦ $9,800
◦ $10,000
◦ $20,000
◦ $23,700

[cuttiesgirl16]

A FREE account is required to view all solutions! Click to Register

Login with Facebook Login with Google Login with Email

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

[jon_i]

Excellent

[skipfourms123]

Gracias!