subject
Business, 28.08.2019 01:30 Jxsolvez

Abc company began operations on january 1, 2018. it makes all sales on account and expects the following collection pattern: 30% are collected in the month of the sale; 60% are collected in the first month after the sale and 10% are collected in the second month after the sale. of budgeted sales for january, february, and march were $20,000, $60,000, and $70,000, respectively, what were the firm's budgeted collections for march

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 07:30
What is the relationship between the national response framework and the national incident management system (nims)? a. the national response framework replaces the nims, which is now obsolete. b. the response protocols and structures described in the national response framework align with the nims, and all nims components support response. c. the nims relates to local, state, and territorial operations, whereas the nrf relates strictly to federal operations. d. the nims and the national response framework cover different aspects of incident management—the nims is focused on tactical planning, and the national response framework is focused on coordination.
Answers: 3
question
Business, 23.06.2019 02:00
Which of the statements is true about the values recorded in the balance sheet of a firm?
Answers: 2
question
Business, 23.06.2019 03:10
Prepare the operating activities section—indirect method.(lo 4), apthe income statement of paxson company is presented here.paxson companyincome statementfor the year ended november 30, 2014sales revenue $7,600,000cost of goods sold beginning inventory$1,900,000 purchases4,400,000goods available for sale6,300,000 ending inventory1,600,000total cost of goods sold 4,700,000gross profit 2,900,000operating expenses selling expenses450,000 administrative expenses700,0001,150,000net income $1,750,000additional information: prepare the operating activities section—indirect 1. accounts receivable decreased $380,000 during the year, and inventory decreased $300,000.2. prepaid expenses increased $150,000 during the year.3. accounts payable to suppliers of merchandise decreased $350,000 during the year.4. accrued expenses payable decreased $100,000 during the year.5. administrative expenses include depreciation expense of $110,000.instructionsprepare the operating activities section of the statement of cash flows for the year ended november 30, 2014, for paxson company, using the indirect method.net cash provided $1,940,000
Answers: 1
question
Business, 23.06.2019 06:30
What did surprise you in personalities
Answers: 1
You know the right answer?
Abc company began operations on january 1, 2018. it makes all sales on account and expects the follo...
Questions
question
Mathematics, 01.04.2020 21:39
question
Mathematics, 01.04.2020 21:39
question
Mathematics, 01.04.2020 21:40