This topic contains a solution. Click here to go to the answer

Author Question: Avery Manufacturing has the following sales budgets for the fourth quarter.Cash SalesCredit ... (Read 72 times)

yulisa3298

  • Full Member
  • ***
  • Posts: 146
Avery Manufacturing has the following sales budgets for the fourth quarter.

Cash SalesCredit Sales
October$580,400$232,900
November624,800344,000
December806,900398,700
The accounting manager has analyzed cash collections and determined that credit sales are collected 70% in the month of sale, 20% in the month following the sale, and 10% in the second month following sale. How much cash is Avery expected to collect in December?
◦ $1,178,080
◦ $898,990
◦ $1,205,600
◦ $1,154,790


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by yulisa3298 on Feb 5, 2023

KAyteeBee1129

  • Full Member
  • ***
  • Posts: 165
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 25% of students answer this correctly




yulisa3298

  • Member
  • Posts: 146
Reply 2 on: Feb 5, 2023
:D TYSM


upturnedfurball

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

For a complete list of videos, visit our video library