Budgeted sales for the Kelsey Company for the first quarter are as follows: January February March Credit Sales $250,000 $300,000 $500,000 The regular pattern of collection of credit sales is 40% in the month of sale and 60% in the month following sale. There are no bad debts. The budgeted cash collections for March would be:

True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false

You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.