subject
Business, 19.10.2021 14:00 SillyEve

Memphis Company anticipates total sales for April, May, and June of $1,000,000, $1,100,000, and $1,150,000 respectively. Cash sales are normally 25% of total sales. Of the credit sales, 40% are collected in the same month as the sale, 55% are collected during the first month after the sale, and the remaining 5% are not collected. Compute the amount of cash received from total sales during the month of June.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:00
Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.
Answers: 1
question
Business, 22.06.2019 01:30
Monica needs to assess the slide sequence and make quick changes to it. which view should she use in her presentation program? a. outline b. slide show c. slide sorter d. notes page e. handout
Answers: 1
question
Business, 22.06.2019 14:30
United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.
Answers: 2
question
Business, 22.06.2019 17:50
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
Answers: 1
You know the right answer?
Memphis Company anticipates total sales for April, May, and June of $1,000,000, $1,100,000, and $1,1...
Questions
question
Mathematics, 30.08.2021 22:50
question
Mathematics, 30.08.2021 22:50
question
Mathematics, 30.08.2021 22:50
question
English, 30.08.2021 22:50
question
Mathematics, 30.08.2021 22:50
question
Mathematics, 30.08.2021 22:50
question
Mathematics, 30.08.2021 22:50
question
Mathematics, 30.08.2021 22:50
question
Mathematics, 30.08.2021 22:50
Questions on the website: 13722367