COTB MC Qu. 8-31 (Static) Assume a company is preparing a... Assume a company is preparing a budget for its first two months of operations. During the first and second months it expects credit sales of $50,000 and $60,000, respectively. The company expects to collect 40% of its credit sales in the month of the sale and the remaining 60% in the following month. What amount of accounts receivable would the company report in its balance sheet at the end of the second month

$36,000

Explanation:

The computation of the amount of the account receivable that should be reported at the end of the second month is shown below;

= Credit sales of the second month × following month percentage

= $60,000 × 0.60

= $36,000

By multiplying the credit sales of the second month with the following month percentage, the amount of the account receivable could come

Hence, the same would be relevant

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.