Kennedy Enterprises has budgeted sales for the months of September and October at $ 110 comma 000 and $ 170 comma 000 , respectively. Monthly sales are 60 % credit and 40 % cash. Of the credit sales, 10 % are collected in the month of sale and 90 % are collected in the following month. What are the October cash collections from customers?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Kennedy Enterprises has budgeted sales for the months of September and October at $ 110 comma 000 and $ 170 comma 000 , respectively. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The payroll department provides services for several plants in the city of yee haw junction. the payroll department's budget is $100,000 and it issues 4,000 checks every other week. the lighting plant has 1,000 employees.
Answers (1)
Gagner Clinic purchases land for $150,000 cash. The clinic assumes $1,500 in property taxes due on the land. The title and attorney fees totaled $1,000. The clinic has the land graded for $2,200.
Answers (1)
Jim provides employees the opportunity to self-manage and make decisions over their own work processes. his leadership style is best described as:
Answers (1)
Cadillac's portfolio consists of sedans, a crossover, a sport utility vehicle, and a high-performance version of the sedan.
Answers (1)
Wich department of a campany manages Function
Answers (1)
New Questions in Business
Which of the following is an example of an action that is part of making a rational choice
Answers (1)
A = The amount of tangible assets contributed by the new partner into the partnership B = The amount of capital credited to the new partner C = Total Capital of the partnership before the admission of a new partner D =
Answers (1)
Purchased 18-month insurance policy for cash. Prepaid Insurance 2. Paid weekly payroll. 3. Purchased supplies on account. 4.
Answers (1)
Shanna, a calendar year and cash basis taxpayer, rents property from Janice. As part of the rental agreement, Shanna pays $8,400 rent on April 1, 2018, for the 12 months ending March 31, 2019. a.
Answers (1)
True or false? a. the total public debt is more relevant to an economy than the public debt as a percentage of gdp. b. an internally held public debt is like a debt of the left hand owed to the right hand. c.
Answers (1)