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NI

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Justin Company's budget includes the following credit sales for the current year: September,$25,000; October,$36,000; November,$30,000; December,$32,000.Credit sales are collected as follows: 15% in the month of sale,60% in the first month after sale,20% in the second month after sale,and 5% is uncollectible.How much cash can Justin expect to collect in November as a result of current and past credit sales?

A) $19,700.
B) $28,500.
C) $30,000.
D) $31,100.
E) $33,900.

On Jul 09, 2024


D
NI

Answered

Provide a definition of dividends.

On Jul 08, 2024


Return on capital of corporation paid by company to shareholders in either cash or stock.
NI

Answered

A good framework that may provide an opportunity for a company to significantly reduce or even eliminate sexual harassment at work should include the following: 1) have a sexual harassment policy, 2) have a procedure in place for reporting sexual harassment, and 3) provide sexual harassment education coupled with ensuring everyone is familiar with the policy and filling process.

On Jun 09, 2024


True
NI

Answered

Which of the following is an aid used to monitor jobs in process?

A) a Gantt load chart
B) the assignment method
C) a Gantt schedule chart
D) Johnson's rule
E) a Pareto chart

On Jun 08, 2024


C
NI

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The expected cash collections for August is closest to:

A) $912,640
B) $415,840
C) $496,800
D) $828,000

On May 10, 2024


A
NI

Answered

Which of the following statements about dividends is not correct?

A) Cash dividends are generally declared quarterly as a dollar amount per share.
B) Dividends can be declared on both preferred and common shares.
C) The board of directors is obligated to declare dividends.
D) Dividends can be in cash or stock.

On May 09, 2024


C