subject
Business, 26.12.2019 03:31 lilspike420

Officemart inc. has "cash and carry" customers and credit customers. officemart estimates that 25% of monthly sales are to cash customers, while the remaining sales are to credit customers. of the credit customers, 30% pay their accounts in the month of sale, while the remaining 70% pay their accounts in the month following the month of sale. projected sales for the next three months are as follows: october $58,000 november 65,000 december 72,000 the accounts receivable balance on september 30 was $35,000. prepare a schedule of cash collections from sales for october, november, and december.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:30
Emily sold the following investments during the year: stock date purchased date sold sales price cost basis a. 1,000 shares dot com co. 03-21-2007 02-04-2018 $20,000 $5,000 b. 500 shares big box store 05-19-2017 01-22-2018 $8,200 $7,500 c. 300 shares lotta fun, inc. 10-02-2017 09-21-2018 $3,000 $4,500 d. 700 shares local gas co. 06-17-2017 11-11-2018 $14,000 $17,000 for each stock, calculate the amount and the nature of the gain or loss.
Answers: 3
question
Business, 22.06.2019 10:20
Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
Answers: 1
question
Business, 22.06.2019 11:30
Leticia has worked for 20 years in the public relations department of a large firm and has been the vice-president for the past ten years. it is unlikely she will ever be promoted to the top executive position in her firm even though she has directed several successful projects and is quite capable. her lack of promotion is an illustration of (a) the "glass ceiling" (b) the "glass elevator" (c) the "mommy track" (d) sexual harassment
Answers: 3
question
Business, 22.06.2019 18:00
If you would like to ask a question you will have to spend some points
Answers: 1
You know the right answer?
Officemart inc. has "cash and carry" customers and credit customers. officemart estimates that 25% o...
Questions
question
English, 21.02.2021 02:20
Questions on the website: 13722367