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5. You collect 75% of a month's sales in the month of the sale and 25% of sales in the following month. Compute cash inflows
5. You collect 75% of a month's sales in the month of the sale and 25% of sales in the following month. Compute cash inflows for June. May Sales June Sales July Sales $240 $280 $200 A. Not enough information because sales revenue differs from cash inflows B. $270 C. $210 D. $260 E. $70 6. The crash testing department of Generic Motors tests new vehicle models for safety before they go into mass production. Which of the following would be the most appropriate cost drive for this department? A. Number of new vehicle designs B. Number of direct labor hours used in manufacturing C. Number of production setups used in manufacturing D. Advertising costs incurred to increase the sales of new vehicles. E. Both B and C
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