14 A group of new customers will generate additional annual sales of $50,000. It is estimated that 5% of these new sales will be uncollectible. The collection cost on these accounts is 3.5%, the cost of producing and selling is 80% of sales, and the firm is in the 20% tax bracket. What is the net income expected on the new sales? Select one: A. $4,600 B. $4,025 C. $7,533 D. $5,750

15.

Which of the following is a primary considerations of cash management?

Select one:

A.

Profitability

B.

Having as much cash on hand as possible

C.

Synchronizing cash inflows and cash outflows

D.

Putting excess cash into accounts receivable