Agua Cool is a distributor of bottled water. For each of the items, compute the amount of cash or payments Agua Cool will budget for september. The solution to one item may depend on the answer to an ealier item.
Aqua Cool is a distributor of bottled water. For each of the items, compute the amount of cash receipts or payments Agua Cool will budget for Septe (Click the icon to view the items.) a. Management expects to sell equipment that cost $15,000 at a gain of $6,000. Accumulated depreciation on this equipment is $8.000 a. The amount of cash receipts the company will budget for the sale of the equipment is $ b. Management expects to sell 7,500 cases of water in Augustand 9,100 cases in September Each case sells for $16. Cash sales average 40% of b. The amount of cash receipts the company will budget for the collection of sale revenue is 5 c. The company pays rent and property taxes of 54,400 each month Commissions and other selling expenses average 10% of sales. Agua Coolpay c. The amount of cash payments for total expenses the company will budget for September is $ 0 More Info a. Management expects to soll equipment that cost $15,000 at again of 56,000 Accumulated depreciation on this equipment is $8.000 b. Management expects to sell 7.500 cases of water in Augustand 9.100 cases in September Each case sells for $16 Cash sales average 40% of total sales and credit sales make up the rest. Three-fourths of credit sales are collected in the month of sale, with the balance collected the following month c. The company pays rent and property taxes of $4.400 each month Commissions and other selling expenses average 10% of sales. Agua Cool pays one-hall of commissions and other selling expenses in the month incurred, with the balance paid the following month Print Done Enter any number in the edit felds and then continue to the next quesbon Save for Later 1 :-LB300-26 5 of 7 ach of the homs, compute the amount of cash receipts of payments Aqua Cool wil budget for September. The solution to one item may depend on the answer to an earlierem (Round your answers to the nearest whole dolar) cost $15.000 at again of $6,000. Accumulated depreciation on this equipment is 58,000 will budget for the sale of the equipment is $ water in Augustand 9.100 cases in September. Each case sells for $16 Cash sales average 40% of total sales and credit sales make up the rest Three-fourths of credit sales are collected in the month of sale, with the balance col y wil budget for the collection of sale revenue is $ s of 54.400 each month Commissions and other selling expenses average 10% of sales Agua Cool pays one half of commissions and other selling expenses in the month incurred with the balance paid the following month expenses the company wil budget for September is 5 ment expects to sell equipment that cost $15,000 at again of $6000 ated depreciation on this equipment is 18.000 ment expects to sell 7.500 cases of water in Augustand 9, 100 cases mber. Each case sells for $16. Cash sales average 40% of total sales dit sales make up the rest. The fourths of credit sales are collected in th of sale with the balance collected the following month mpany pays rent and property taxes of 4.400 each month ssions and other sing expenses average 10% of sales Aqua Cool ne half of commissions and other selling expenses in the month with the balance pad the following month Print Done and then continue to the next question ments Agua Cool will budget for September. The solution to one item may depend on the answer to an earlier item. (Round your answers to the nearest whole dollar) this equipment is $8,000 s for $16. Cash sales average 40% of total sales and credit sales make up the rest. Three-fourths of credit sales are collected in the month of sale, with the balance collected the following month Saverage 10% of sales. Agua Coolpays one-half of commissions and other selling expenses in the month incurred, with the balance paid the following month -X QAD4 This Question: 1 pt Agua Cool is a distributor of bottled water. For each of the items, compute the amount of cash receipts of payments Aqua Cool will budget for September. The solution to one item may depend on the answer to an Click the icon to view the hems) met a. Management expects to sell equipment that cost $15,000 at again of $6,000 Accumulated depreciation on this a. The amount of cash receipts the company wil budget for the sale of the equipment is s average 40% of total sales and credit sales make up the rest Three-fourths of a b. Management expects to sell 7,500 cases of water in August and 9, 100 cases in September Each case sells for b. The amount of cash receipts the company will budget for the collection of sale revenueiss c. The company pays rent and property taxes of $4.400 each month Commissions and other selling expenses average 10% of sales Agus Cool pays one half of commissions and otherseling expenses in the me c. The amount of cash payments for total expenses the company will budget for September is 5 0 More Info a. Management expects to sell equipment that cost $15.000 again of $6.000 Accumulated depreciation on this equipment is $8,000 b. Management expects to sell 7,500 cases of water in August and 9,100 cases in September. Each cases for $16. Cash sales average 40% of total sales and credit sales make up the rest Three-fourths of credit sales are collected in the month of sale with the balance collected the following month G. The company pays rent and property taxes of $4.400 each month Commissions and other selling expenses average 10 of sales Aqua Cool pays one-half of commissions and other selling expenses in the month incurred, with the balance paid the following month Print Done Enter any number in the edit Melds and then continue to the next question Save for Later
