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Barsema Corporation collects cash from customers as follows: 60% in the month of sale, 20% in the month after sale, 19% in the second month
Barsema Corporation collects cash from customers as follows: 60% in the month of sale, 20% in the month after sale, 19% in the second month after sale, and 1% is never collected. Bad debts are written off annually in December. Budgeted sales are all on credit and amount to: May $660,000 June 800,000 July 560,000 August 600,000 What is the budgeted amount of cash to be collected in July? Capitals Ltd.. uses 1,550 cases of hockey pucks per year. The cases sell for $99.99. The cost to place an order is $4.00 per order and the carrying costs for inventory are $15.00 per case. Determine the economic order quantity. Round the answer to two decimal places. 24.49 cases 28.75 cases 32.13 cases 26.12 cases
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