Assets cash $ 68,400 accounts receivable 35,600 inventory 67,300 buildings and equipment, net of depreciation 179,000 total assets $ 350,300 liabilities and stockholders’ equity accounts payable $ 155,600 common stock 70,000 retained earnings 124,700 total liabilities and stockholders’ equity $ 350,300 budgeted income statements april may june sales $ 191,000 $ 201,000 $ 221,000 cost of goods sold 114,600 120,600 132,600 gross margin 76,400 80,400 88,400 selling and administrative expenses 16,900 18,400 21,400 net operating income $ 59,500 $ 62,000 $ 67,0001. calculate the expected cash collections for april, may, and june.

Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit

T-comm makes a variety of products. it is organized in two divisions, north and south. the managers for each division are paid, in part, based on the financial performance of their divisions. the south division normally sells to outside customers but, on occasion, also sells to the north division. when it does, corporate policy states that the price must be cost plus 20 percent to ensure a "fair" return to the selling division. south received an order from north for 300 units. south's planned output for the year had been 1,200 units before north's order. south's capacity is 1,500 units per year. the costs for producing those 1,200 units follow

Customers arrive at rich dunn's styling shop at a rate of 3 per hour, distributed in a poisson fashion. rich can perform an average of 5 haircuts per hour, according to a negative exponential distribution.a) the average number of customers waiting for haircuts= customersb) the average number of customers in the shop= customersc) the average time a customer waits until it is his or her turn= minutesd) the average time a customer spends in the shop= minutese) the percentage of time that rich is busy= percent