subject
Business, 23.11.2019 04:31 haleysmith8608

The managerial accountant at local produce services expects to collect 40% of its credit sales in the month after the sale and 60% two months after the sale. assume credit sales in january were $200,000 and february sales were $100,000. january credit sales $200,000 february credit sales $100,000 what is the anticipated cash collection of credit sales for march?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:40
Morgana company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $168,000, $315,900, an $97,200, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,100, machine hours 24,300, and number of inspections 1,800. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection
Answers: 1
question
Business, 22.06.2019 14:20
Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest
Answers: 1
question
Business, 22.06.2019 20:30
Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows:
Answers: 2
question
Business, 22.06.2019 20:50
Barbara flynn is in charge of maintaining hospital supplies at general hospital. during the past year, the mean lead time demand for bandage bx-5 was 65 (and was normally distributed). furthermore, the standard deviation for bx-5 was 6. ms. flynn would like to maintain a 90% service level.refer to the standard normal table for z-values.a) what safety stock level do you recommend for bx-5? safety stock=)what is the appropriate reorder point? reorder point=
Answers: 1
You know the right answer?
The managerial accountant at local produce services expects to collect 40% of its credit sales in th...
Questions
question
Mathematics, 27.05.2020 06:58
question
Mathematics, 27.05.2020 06:58
Questions on the website: 13722367