The gardner company expects sales for october of $248,000. experience suggests that 45% of sales are for cash and 55% are on credit. the company collects 50% of its credit sales in the month of sale and 50% in the month following sale. budgeted accounts receivable on september 30 is $67,000. what is the amount of accounted receivables on the october 31 budgeted balance sheet? $111,600. $124,000. $67,000. $68,200. $136,400.

Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money.msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach