Business

30 March, 22:35

The Danser Corporation expects to generate sales equal to $30,000 in January, $33,000 in February, and $38,000 in March. Twenty (20) percent of all sales are for cash, 50 percent are credit sales that are paid in the month following the sale, and 30 percent are credit sales that are paid two months following the sale. What are Danser's total cash collections in March?

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “The Danser Corporation expects to generate sales equal to $30,000 in January, $33,000 in February, and $38,000 in March. Twenty (20) ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Adjusting entries affect at least one balance sheet account and at least one income statement account. For the entries below, identify the account to be debited and the account to be credited.

The focus of the Manufacturing career cluster is to make useful products. to use machines. to perform maintenance and installation. to handle logistics and inventory.

A country reported nominal GDP of $200 billion in 2010 and $180 billion in 2009. It also reported a GDP deflator of 125 in 2010 and 105 in 2009. Between 2009 and 2010, how much did prices increase?

Which type system allows energy to enter or leave the system, but does not allow matter to cross into or out of the system?

State and local governments regulate A. Drivers license B. Building permits C. Business license D. All of these

New Questions in Business

During a certain four-year period, the consumer price index (CPI) increased by 30%, but during the next four-year period, it increased by only 10%. Which of these conditions must have existed during the second four-year period? A. Deflation B.

Flagstaff Company has budgeted production units of 7,900 for July and 8,100 for August. The direct materials requirement per unit is 2 ounces (oz.).

Name and describe the four basic types of fees and cost a franchise owner must pay

What is the difference between capital gain and capital loss?

g The Council of Economic Advisors to the President of a country reported gross investment expenditure at $400,000 during a particular year.