Sun company has studied the collection pattern of sales for the past year and management has developed the following collection schedule:
55 percent in the month of sale with a 1 percent discount
30 percent in the month of sale
15 percent in the second month following the sale
Actual sales for past six months are:
January $200,100
February 220,450
March 300,700
April 251,200
May 275,890
June 180,460
Expected sales for the next six months are:
July $175,800
August 194,500
September 186,300
October 210,750
November 349,000
December 375,900
A) Determine the expected cash receipts by the month for July through September
B) Determine the expected cash discounts by month for July through September
C) Determine the expected ending balance of accounts receivable by the month of July through September

Answers

Answer 1

A) The determination of the expected cash receipts from July to September is as follows:

                                          July            Aug.          Sept.  

Expected Sales             $175,800    $194,500    $186,300

Cash (55%)                       96,690      106,975     102,465

1% discount                           967          1,070          1,025

Net cash sales                 95,723      105,905      101,440

30% month 1                    52,740       58,350       55,890

15% month 2                   27,069        26,370        29,175

Total cash receipts   $175,532   $190,625   $186,505

B) The determination of the expected cash discounts from July to September is as follows:

                                             July            Aug.          Sept.  

Expected Sales             $175,800    $194,500    $186,300

Cash (55%)                       96,690      106,975     102,465

1% Cash Discounts            $967        $1,070      $1,025

C) The determination of the expected ending balance of accounts receivable from July to September is as follows:

                                             July            Aug.            Sept.

Expected Sales              $175,800     $194,500    $186,300

Ending balance of

 Accounts Receivable  $26,370      $29,175    $ 27,945

= 15% of July, August, and September Sales

Data and Calculations:

                         July            Aug.         Sept.          Oct.          Nov.            Dec.

Expected

 Sales           $175,800  $194,500   $186,300   $210,750   $349,000  $375,900

Cash (55%)      96,690    106,975     102,465      115,913      191,950    206,745

1% discount           967        1,070          1,025         1,159          1,920        2,067

Net cash sales 95,723   105,905      101,440     114,754     190,030    204,678

30% month 1    52,740     58,350      55,890     63,225     104,700      112,770

15% month 2   27,069      26,370       29,175     27,945        31,613      52,350

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Related Questions

The graph of y = f (x) is given in the figure. Sketch = 1/2 ( + 2) − 2.

Answers

Answer:

y=1/2+2

Step-by-step explanation:

please answer the question above​

Answers

If a polygon has 20 sides, then the sum of all of its interior angles is 3240°.

What lowest terms fraction is equal to 0.48​

Answers

The lowest terms fraction that is equal to 0.48 is: 12/25

Ahmed went for a walk and covered 5-kilometre distance in 25
minutes. Help him to find his speed of walking.

Answers

5/0.25 = 20km/h

or

5000/1500 = 3.33m/s

Answer:

help with this https://brainly.com/question/25211060

Step-by-step explanation:

10
What is the volume of the rectangular prism,
if the length of one cube is 1 cm?

Answers

Answer:

60 cubic centimetres

Help “ASAP” 50 points… What is the length of TU? Show all work proportions.

Answers

Answer:

48 units

Step-by-step explanation:

Similar triangles given:

ΔQPR ~ ΔUTV

The ratio of corresponding sides:

TU/PQ = UV/QRTU/60 = (20 + 60)/(60 + 40TU/60 = 80/100TU = 60*4/5 TU = 48

34-18-(-23) write as a single number

Answers

Answer: 39

Step-by-step explanation: 34-18=16+23=39. Remember, 2 negatives equals a positive.

Answer: 39 cus 34-18=16+23=39

Step-by-step explanation:

What is 6(x+4) 1 hehe

Answers

Answer:

2

Step-by-step explanation:

two plus four equals six

The mean of the numbers 15, 21, 17.26. 18,29
is 21. Calculate the standard deviation of the
numbers

Answers

Answer:

6

Step-by-step explanation:

=15+21+17+26+18+29/

/ 21

=126/21

=6

Which can be used to prove that lines P and Q are parallel?
A)same-side exterior angle theorem
B)converse of the alternate interior angles theorem
C)converse of the same-side interior angles theorem
D)converse of corresponding angles postulate

Answers

Answer:

B

Step-by-step explanation:

the converse of alternate interior angles theorem states that if two lines are intersected by a transversal forming congruent alternate interior angles then the lines are parallel.

25² x 4² square root​

Answers

Answer:

25.317977802344

Step-by-step explanation:

25x25= 625

4x4= 16

625+16= 641

The square root of 641 is 25.317977802344

n this case we are going to use the 'Babylonian Method' to get the square root of any positive number.

We must set an error for the final result. Say, smaller than 0.01. In other words, we will try to find the square root value with at least 1 correct decimal place.

Step 1:

Divide the number (641) by 2 to get the first guess for the square root.

First guess = 641/2 = 320.5.

Step 2:

Divide 641 by the previous result. d = 641/320.5 = 2.

Average this value (d) with that of step 1: (2 + 320.5)/2 = 161.25 (new guess).

Error = new guess - previous value = 320.5 - 161.25 = 159.25.

159.25 > 0.01. As error > accuracy, we repeat this step again.

Step 3:

Divide 641 by the previous result. d = 641/161.25 = 3.9751937984.

Average this value (d) with that of step 2: (3.9751937984 + 161.25)/2 = 82.6125968992 (new guess).

Error = new guess - previous value = 161.25 - 82.6125968992 = 78.6374031008.

78.6374031008 > 0.01. As error > accuracy, we repeat this step again.

Step 4:

Divide 641 by the previous result. d = 641/82.6125968992 = 7.7591072555.

Average this value (d) with that of step 3: (7.7591072555 + 82.6125968992)/2 = 45.1858520774 (new guess).

Error = new guess - previous value = 82.6125968992 - 45.1858520774 = 37.4267448218.

37.4267448218 > 0.01. As error > accuracy, we repeat this step again.

Step 5:

Divide 641 by the previous result. d = 641/45.1858520774 = 14.1858562034.

Average this value (d) with that of step 4: (14.1858562034 + 45.1858520774)/2 = 29.6858541404 (new guess).

Error = new guess - previous value = 45.1858520774 - 29.6858541404 = 15.499997937.

15.499997937 > 0.01. As error > accuracy, we repeat this step again.

Step 6:

Divide 641 by the previous result. d = 641/29.6858541404 = 21.5927760397.

Average this value (d) with that of step 5: (21.5927760397 + 29.6858541404)/2 = 25.63931509 (new guess).

Error = new guess - previous value = 29.6858541404 - 25.63931509 = 4.0465390504.

4.0465390504 > 0.01. As error > accuracy, we repeat this step again.

Step 7:

Divide 641 by the previous result. d = 641/25.63931509 = 25.0006678318.

Average this value (d) with that of step 6: (25.0006678318 + 25.63931509)/2 = 25.3199914609 (new guess).

Error = new guess - previous value = 25.63931509 - 25.3199914609 = 0.3193236291.

0.3193236291 > 0.01. As error > accuracy, we repeat this step again.

Step 8:

Divide 641 by the previous result. d = 641/25.3199914609 = 25.3159643039.

Average this value (d) with that of step 7: (25.3159643039 + 25.3199914609)/2 = 25.3179778824 (new guess).

Error = new guess - previous value = 25.3199914609 - 25.3179778824 = 0.0020135785.

0.0020135785 <= 0.01. As error <= accuracy, we stop the iterations and use 25.3179778824 as the square root.

So, we can say that the square root of 641 is 25.31 with an error smaller than 0.01 (in fact the error is 0.0020135785). this means that the first 2 decimal places are correct. Just to compare, the returned value by using the javascript function 'Math. sqrt(641)' is 25.317977802344327.

answer the question no link or bot

Answers

Answer:

4^(-14)

Step-by-step explanation:

When multiplying or dividing powers of the same number, you can just add or subtract the powers.

4^(14)




Sjsjsjsnxudjdjcudbbdhdfb

select “equivalent” or “not equivalent” to indicate whether the expression above is equivalent or not equivalent to the values or expressions in the last column

Answers

9514 1404 393

Answer:

EquivalentNot EquivalentEquivalentNot Equivalent

Step-by-step explanation:

The applicable rules of exponents are ...

  (a^b)(a^c) = a^(b+c)

  (a^b)^c = a^(bc)

__

The left-side expressions (all the same) can be simplified to ...

  (7^(1/5))·(49^(7/5)) = (7^(1/5))·((7^2)^(7/5))

  = (7^(1/5))·(7^(14/5)) . . . . . . matches 3rd right-side expression

  = 7^(1/5 +14/5) = 7^(15/5) = 7^3

  = 343 . . . . . . . . . . . . . . . . . . matches 1st right-side expression

__

49 is obviously not equivalent to 343.

49^(2/10) is obviously not equivalent to 49^(7/5).

Points A(8,4)&B(-2,4) lie on a line .AB is parallel to which axis

Answers

If the line is parallel they will have the same slope

Help omg if so thank you.

Answers

Answer:

35

Step-by-step explanation:

49*5/7

=35

35 is the corresct answer trust me!

NO LINKS!!

What's the Perimeter?

a. 2x+8
b. 2x+9
c. 3x+8
d. 3x+9​

Answers

Answer:

A. 2x + 8

Step-by-step explanation:

The perimeter is:

x + x sides3 + 1 + 4 = top and bottom

Total:

P = 2x + 8

Correct choice is A

Answer:

A is correct

Step-by-step explanation:

algebra ii question!

Answers

It’s the first answer because it’s greatest value is 6.

Given: 5n - 42 = 12n; Prove: n= -6
What are the Statements
What are the Reasons

Answers

Answer:

-72=-72

Step-by-step explanation:

5n-42=12n

n=-6

5*(-6)-42 = 12*(-6)

-30-42=-72

-72=-72

So, n= -6 is the right number for this equation

If3r + 5y = 13 and 6r + 7 y = 20, find the value of

Answers

Answer:

Step-by-step explanation:

Logan and his father each have a sandwich and a drink for lunch at a restaurant. A sandwich costs $5.25 and a drink costs $1.75. Logan's father leaves a 20% tip. What is the amount of the tip?

Answers

Answer:

$1.4

Step-by-step explanation:

$5.25 + $1.75 = $7

20/100 × $7

= 20× 7 /100

= 140/100

= $1.4

Find the domain and range of this relation. Is it a function? {(0,0),(1,1),(2,4),4,-6)}

Answers

Answer:

Domain: {0,1,2,4}

Range: {0, 1, 4, -6}

Step-by-step explanation:

Hi there!

The domain is the set of all x-values in a relation.

{(0,0),(1,1),(2,4),4,-6)}

The x-values are 0, 1, 2, and 4.

Domain: {0,1,2,4}

The range is the set of all y-values in a relation.

{(0,0),(1,1),(2,4),4,-6)}

The y-values are 0, 1, 4 and -6.

Range: {0, 1, 4, -6}

A function occurs when there is only one y-value for every x-value. This is the case for this relation, so therefore it is a function.

I hope this helps!

what is the state income tax deducted from gross pay of $864 with state income tax of 4%?​

Answers

Step-by-step explanation:

$864 of 4%

864/100 x 4

=8.64 x 4

=34.56

Therefore, the total income tax deduction is 34.56.

Help please :))) thank u

Answers

Answer:

The distance between A and B is 8.5 after rounded to the nearest tenth

Step-by-step explanation:

The formula you always use for distance between points is as pictured.

Point A is (-6, 4), this is x1 and y1

Point B is (2, 1), this is x2 and y2

(2-[-6])^2 + (1-4)^2

since 2 negatives make a positive, 2 - -6 = 8

1 - 4 = -3

This makes 8 squared and -3 squared

8x8 = 64

-3x-3 = 9

64 + 9 = 73

the square root of 73 = 8.544003745

After rounding to the nearest tenth, it is 8.5

I hope this helps you! Good luck :)

Find an equation for the line below

Answers

Answer:

4+2=6-3

Step-by-step explanation:

Answer:

y=-0.5x+3.5

Step-by-step explanation:

Jenelle bought a home for $320,000, paying 24% as a down payment, and financing the rest at 5% interest for 30 years. Round your answers to the nearest cent.
How much money did Jenelle pay as a down payment? $

What was the original amount financed? $

What is her monthly payment? $

If Jenelle makes these payments every month for thirty years, determine the total amount of money she will spend on this home. Include the down payment in your answer. $

Answers

She paid $ 76,800 as down payment, the original amount financed was $ 243,200, her monthly payment was $ 2,919.71, and the total amount she will spend on this home is $ 1,127,896.38.

Given that Jenelle bought a home for $ 320,000, paying 24% as a down payment, and financing the rest at 5% interest for 30 years, to determine how much money did Jenelle pay as a down payment, what was the original amount financed, what is her monthly payment, and the total amount of money she will spend on this home, the following calculations must be made:

320,000 x 0.24 = Down payment 76,800 = Down payment 243,200 x 1.05 ^ 30 = X 243,200 x 4.32 = X 1,051,096.38 = X 1,051,096.38 / (30 x 12) = X 2,919.71 = X 1,051,096.38 + 76,800 = 1,127,896.38

Therefore, she paid $ 76,800 as down payment, the original amount financed was $ 243,200, her monthly payment was $ 2,919.71, and the total amount she will spend on this home is $ 1,127,896.38.

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What is the answer X=-2(6+4)

Answers

Answer:

X = -20

Step-by-step explanation:

X = -2(6+4)

            ^ add 6 and 4 together first because they are in parentheses

-2(10)

   ^ this parenthesis means you want to multiply -2 and 10

because 2 x 10 = 20

that must mean -2 x 10 = -20

therefore, the value of X is -20

X= -20

Factorise fully
8+4g

Answers

Answer:

4(2+g)

Step-by-step explanation:

8+4g

Rewriting

4*2 + 4*g

Factor out the 4

4(2+g)

Line k has an equation of y= 10/3x+9. Line l includes the point ( – 3, – 2) and is parallel to line k. What is the equation of line l?

Answers

You can write it in point-slope form like I did at the top, but I simplified it to slope-intercept (the answer with a square around it)

The equation of the parallel line which is passing through the point (–3, –2) will be y = (10/3)x + 8.

What is the equation of a parallel line?

Let the equation of the line be y = mx + c. Then the equation of the parallel line that is parallel to the line y = mx + c is given as,

y = mx + d

Line k has an equation of y= (10/3)x+9. Line l includes the point (–3, –2) and is parallel to line k.

y = (10/3)x + d

The equation of the line is passing through (–3, –2). Then the equation of the parallel line is given as,

–2 = (10/3)(–3) + d

–2 = –10 + d

d = 10 – 2

d = 8

The equation of the parallel line which is passing through the point (–3, –2) will be y = (10/3)x + 8.

More about the equation of a parallel line link is given below.

https://brainly.com/question/402319

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Help me or the milk gallon in your fridge will grow legs and run away.

Answers

Answer:

-1500

Step-by-step explanation:

If there are 3 people in the company then you can divide 4500 by 3 and you get 1500

Answer: c

Step-by-step explanation: -1,500. - is negative because they suffered a lost.










































Question 1
The vertices of two rectangles are A(−5,−1),B(−1,−1),C(−1,−4),D(−5,−4) and W(1,6),X(7,6),Y(7,−2),Z(1,−2). Compare the perimeters and the areas of the rectangles. Are the rectangles similar? Explain.

Answers

Answer:

yes

Step-by-step explanation:

The perimeter of the rectangle ABCD and WXYZ are 14 units and 28 units respectively. The perimeter of the rectangle ABCD and WXYZ are 12 units² and 48 units² respectively.

What is the perimeter of the rectangle?

The perimeter of a rectangle is defined as the addition of the lengths of the rectangle's four sides.

The perimeter of a rectangle = 2(L+W)

The vertices of two rectangles are A(−5,−1),B(−1,−1),C(−1,−4),D(−5,−4) and W(1,6),X(7,6),Y(7,−2),Z(1,−2).

As per the given data, the figure of two rectangles has been attached below.

According to the graph,

The perimeter of the rectangle ABCD = 2(3 + 4) = 2(7) = 14 units

The perimeter of the rectangle WXYZ = 2(6 + 8) = 2(14) = 28 units

The area of the rectangle ABCD = (3 × 4) = 12 units²

The area of the rectangle WXYZ = (6 × 8) = 48 units²

The rectangles are similar because the ratio of length to width is equivalent.

The perimeter of the rectangle ABCD and WXYZ are 14 units and 28 units respectively. The perimeter of the rectangle ABCD and WXYZ are 12 units² and 48 units² respectively.

Learn more about the Perimeter of the rectangle here:

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