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

Author Question: Avery Manufacturing has the following sales budgets for the fourth quarter.Cash SalesCredit ... (Read 60 times)

yulisa3298

  • Full Member
  • ***
  • Posts: 146
on: Feb 5, 2023
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
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


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
Reply #1 on: Feb 5, 2023
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
Thanks for the timely response, appreciate it

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

The Avery, MacLeod, and McCarty experiments that identified DNA as Griffith's transformation pr The Avery, MacLeod, and McCarty experiments that identified DNA as Griffith's transformation pr
The Great Lakes— America’s “Fourth Coast” The Great Lakes— America’s “Fourth Coast”
Luna Park at Coney Island was a vast living theater in which strollers were both spectators and acto Luna Park at Coney Island was a vast living theater in which strollers were both spectators and acto
How the neural plate develops into the neural tube during the third and fourth weeks of human ... How the neural plate develops into the neural tube during the third and fourth weeks of human ...
The impact of industry and manufacturing on our life The impact of industry and manufacturing on our life
A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ... A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ...
Video: Component of feedback systems & Communication and regulation of body systems

For a complete list of videos, visit our video library