Question
The BRS Corporation makes collections on sales according to the following schedule: 30% in month of sale 65% in month following sale 5% in second
The BRS Corporation makes collections on sales according to the following schedule:
30% in month of sale
65% in month following sale
5% in second month following sale
The following sales have been budgeted.
Sales:
April $190000
May $120000
June $110000
Budgeted cash collections in June would be:
a. $110,950.
b. 5111,000.
c. $120,500.
d. $110,000.
The BRS Corporation makes collections on sales according to the following schedule:
30% in month of sale
65% in month following sale
5% in second month following sale
The following sales have been budgeted.
Sales:
April $190000
May $120000
June $110000
Budgeted cash collections in June would be:
a. $110,950.
b. 5111,000.
c. $120,500.
d. $110,000.
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Holt McDougal Larson Geometry
Authors: Ron Larson, Laurie Boswell, Timothy D. Kanold, Lee Stiff
1st Edition
9780547315171
