Make Some Noise Enterprises sells musical instruments. Projected sales are $890,000 in October, $950,000 in November, $1,025,000 in December, and $920,000 in January. Noise's sales are 25% cash and 75% credit.

Noise's collection history indicates that credit sales are collected as follows:

25% in the month of sale
65% in the month after the sale
8% two months after the sale
2% never collected

The total expected cash collections in January are

A. $729,187.50
B. $959,187.50
C. $708,712.50
D. $964,962.50
E. $901,600.00

On february 3, smart company sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. smart uses the perpetual inventory system and the gross method. truman pays the invoice on february 8, and takes the appropriate discount. the journal entry that smart makes on february 8 is:

Excel allows you to take a lot of data and organize it in one document. what are some of the features you can use to clarify, emphasize, and differentiate your data?

Marketing1. suppose the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million. topco, inc. has a planned market share of 10 percent. how many phones does topco have the potential to sell in this market? 20,0002. use the data from question 3 to calculate topco, inc.'s planned market share in dollars. $400,0003. atlantic car rental charges $29.95 per day to rent a mid-size automobile. pacific car rental, atlantic's main competitor, just reduced prices on all its car rentals. in response, atlantic reduced its prices by 5 percent. now how much does it cost to rent a mid-size automobile from atlantic? $28.45