A company collects 25 of its sales during the month of sale, Ask an Expert

Finance

A company collects 25% of its sales during the month of sale, 65% one month after the sale, and 10% two months after the sale. The company expects sales of $50,000 in August, $80,000 in September, $90,000 in October, and $60,000 in November. How much money is expected to be collected in October?

a. $55,000

b. $90,000

c. $22,500

d. $79,500

View complete question

Financial Management, Finance

Category:- Financial Management
Reference No.:- M91420497

Have any Question?Write your Review or question?

Related Questions in Financial Management

Personal savings strategiespart i identify all the lazy

Personal Savings Strategies Part I: Identify all the lazy dollars in your financial life. Identify source, amount and what action might be indicated. Part II. Develop a personal and household savings plan. What savings s ...

In the land of free trade the public does not view all

In the land of free trade, the public does not view all industries as equal. Do you believe that is ethical? Do you believe that some industries are unfairly targeted? Should it be consumers' choice to partake in product ...

Assignmentdirections answer the following questions on a

Assignment Directions: Answer the following questions on a separate document. Explain how you reached the answer, or show your work if a mathematical calculation is needed, or both. Submit your assignment using the assig ...

Part 1 trade receivables1 for purposes of answering the

Part 1: Trade Receivables 1. For purposes of answering the questions in this part, only consider "Trade Receivables." a. What is the amount of Trade Receivables that customers owe Coors at the end of fiscal 2002? b. What ...

Use the internet to locate information regarding a

Use the Internet to locate information regarding a negotiation from the past 6 months that you would consider to be integrative in nature. Examine the differences between distributive and integrative negotiation. Determi ...

Guidelines for forecasting work in ceres gardening casethe

Guidelines for forecasting work in Ceres Gardening Case The analysis of Ceres Gardening should focus on forecasting the Income Statement, Balance Sheet and Statement of Cash Flows for years 2007-2009, as indicated on the ...

You will be conducting an interview with a market research

You will be conducting an interview with a market research professional or a company representative. Use the results of your research to make specific recommendations on how market research can be applied to the Marketpl ...

Materialinstruments with various measurement scales

Material Instruments with Various Measurement Scales Worksheet Describe in no more than 350 words a business situation of your choice where market research can influence decision making. Create six questions for a questi ...

In a long essay of 1500 words you must reflect on the

In a long essay of 1,500 words, you must reflect on the Palliser Furniture cases. Please answer the following three questions: Palliser Furniture Ltd. Palliser Furniture Ltd.: The China Question Questions : What were Pal ...

Compose a minimum of 1400 words in which you discuss the

Compose a minimum of 1,400 words in which you discuss the Vera Bradley Case Study. Examine what resources were critical to getting the company off the ground. Elaborate on what conclusions you can draw about the market r ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Financial Management Expert