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

Author Question: London Manufacturing Company expects the following sales in January, February, and March:Cash ... (Read 61 times)

lauraleepop

  • Full Member
  • ***
  • Posts: 141
on: Feb 5, 2023
London Manufacturing Company expects the following sales in January, February, and March:

​Cash SalesCredit Sales
January$60,000$270,000
February$50,000$240,000
March$75,000$355,000

The controller has determined that the company collects credit sales as follows: 60% in the month of sale, 30% in the first month after sale, 5% in the second month after sale, and 5% is expected to be uncollectible. How much cash will be collected from customers in March?
◦ $373,500
◦ $410,000
◦ $376,500
◦ $291,500
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 lauraleepop on Feb 5, 2023

Sophia0717

  • Full Member
  • ***
  • Posts: 162
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 44% of students answer this correctly


lauraleepop

  • Member
  • Posts: 141
Reply 2 on: Feb 5, 2023
Gracias!

xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

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.

Christian Gladu, The Bungalow Company, The Birch, North Town Woods, Bainbridge Christian Gladu, The Bungalow Company, The Birch, North Town Woods, Bainbridge
A weather map depicting the sea-level pressure distribution for March 4, 1994. A weather map depicting the sea-level pressure distribution for March 4, 1994.
Unseasonably warm in March 2012 Unseasonably warm in March 2012
Pharmaceutical Company Representatives Pharmaceutical Company Representatives
March 21, 2023 March 21, 2023
January 15 2024 January 15 2024
Video: Dissociative Disorders (Part 2)

For a complete list of videos, visit our video library