Question
Based on the information given below, what percent of the revenue billed in August is still outstanding at September 30? (Enter your answer as a
Based on the information given below, what percent of the revenue billed in August is still outstanding at September 30? (Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35.)
| Month | Revenues | A/R at End of Quarter |
| July | 184,063 | 29,023 |
| August | 219,158 | 81,764 |
| September | 196,580 | 142,879 |
| TOTALS | ? | ? |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
A History Of Accountancy In The United States
Authors: Gary John Previts, Barbara Dubis Merino
98th Edition
0814207286, 978-0814207284
