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i need help with 41,42,43,49 Question 41 (2 points) ABC Company has the following budgeted sales for the first quarter of 20x5 January 600,000 February
i need help with 41,42,43,49 Question 41 (2 points) ABC Company has the following budgeted sales for the first quarter of 20x5 January 600,000 February 750,000 March 900,000 Total 2,250,000 Sales (in dollars) From past experience, the company expects to collect 25% of its sales in cash and the rest on account. The sales on account are collected 20% in the month of sale and 80% in the following month. What is the amount of expected cash collections for February? $817,500 $630,000 $660,000 $840,000 Question 42 (2 points) ABC Company has the following budgeted sales for the first quarter of 20x5 January 600,000 February 750,000 March 900,000 Sales (in dollars) Total 2,250,000 From past experience, the company expects to collect 25% of its sales in cash and the rest on account. The sales on account are collected 20% in the month of sale and 80% in the following month. What is the expected value of Accounts Receivable at the end of March? $135,000 $720,000 $540,000 $180,000 Question 43 (2 points) Which of the following must be created after the cash disbursements budget? The cash collections budget The production budget The cash budget The direct materials budget Question 49 (2 points) ABC Company's cash budget shows an excess of Cash Receipts over Cash Disbursements. What are the alternative uses of the excess cash that ABC Company can consider? Issuing Stock and Purchasing Capital Expenditures Paying Dividends and Purchasing Capital Expenditures Paying Dividends and Borrowing Funds Borrowing Funds and Issuing Stock
i need help with 41,42,43,49
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