Kam department store reported the following information for 2013: october $1,240,000 november $1,160,000 december $1,440,000all sales are on credit. customer amounts on account are collected 50% in the month of sale and 50% in the following month. how much cash will kam receive in november?

Cash received November is $1200000

Explanation:

Given data

October sales = $1,240,000

November sales = $1,160,000

December sales = $1,440,000

to find out

cash receive in November

solution

we know that there are 3 month sales money given

and we have find in November and amounts on account collected 50% in month of sales

so cash receive = October sales x 0.5 + November sales  x 0.5

put the value we get

Cash received November = $1,240,000 x 0.5 + $1,160,000 x 0.5

Cash received November is $1200000

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )

answer: technology

hope i

-lavira: )