Wichita industries' sales are 20% cash and 80% on credit. credit sales are collected as follows: 40% in the month of sale, 50% in the next month, and 10% in the second following month. on december 31, the accounts receivable balance includes $13,000 from november sales and $42,000 from december sales. assume that total sales for january are budgeted to be $51,000. what are the expected cash receipts for january from the current and past sales? a. 26,520b. 60,520c. 62,820d. 64,320e. 74,520

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

In most states, a licensee must provide a(n) of any existing agency relationships to all parties

Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.