Prepare breaker coprs collection budget for first quarter

Reference no: EM13126614

Management at Breaker Corp. Expects an accounts receivable collecion pattern of 80 percent in the month of sale. 15 percent in the month after sale, and 5 percent in the second month after sale. All sales are on credit and Brker Corp. Has rarely an any uncollectable accounts receivable. Actual sales for the last two months of 2009, and budgeted sales for the first quarter of 2010 follow:
November 2009 = $680,000
December 2009 = $925,000
January 2010 = $864, 000
February 2010 = $732,000
March 2010 = $ 788, 000
Required: Prepare Breaker Coprs cash collection budget for the first quarter of 2010.

Reference no: EM13126614

Questions Cloud

Illustrate what evidence supports your conclusion : Does the company rely primarily on a customer intimacy, operational excellence, or product leadership customer value proposition? Illustrate what evidence supports your conclusion?

Calculate [h+] and the ph of the following solutions : Calculate [H+] and the pH of the following solutions

What will be the deadweight loss : The government dislikes smoking, and likes tax revenue. If they wanted to increase the after-tax price to $10 per pack, what size of excise tax must be placed on sellers? How much revenue will it raise? What will be the Deadweight Loss?

Explain solution concentrations : Important information about Solution Concentrations, Find the concentration of 500mg of alltrans retinol 0.1% per 1 ounce of solution.

Prepare breaker coprs collection budget for first quarter : Management at Breaker Corp. Expects an accounts receivable collecion pattern of 80 percent in the month of sale. 15 percent in the month after sale, and 5 percent in the second month after sale. All sales are on credit and Brker Corp.

How many milliequivalents of hcl are present : A soln. of HCl has a specific gravity of 1.120 and contains 23.81% HCl by wt. How many grams and how many milliequivalents of HCl are present in each milliliter of the soln.?

Determine the mean and variance of flange thickness : The thickness of a flange on an aircraft component is uniformly distributed between 0.95 and 1.05 millimeters. Determine the cumulative distribution function of flange thickness.

Algebra-point of intersection : Two trains leave stations 75 miles apart at the same time heading toward one another on parallel tracks. Train A is traveling 60 miles per hour, while Train B is going 65 miles per hour.

Predetermined overhead rate for the specific year : At the end of the year, actual direct labor-hours for the year were 17,400 hours, manufacturing overhead for the year was overapplied by $13,850, and the actualmanufacturing overhead was $294,130. The predetermined overhead rate for the year must ..

User Account

All Pages