Sales budget for the last six months of 2007

Reference no: EM13499809

Copper Corporation has the following sales budget for the last six months of 2007:

July $200,000 October $180,000
August 160,000 November 200,000
September 220,000 December 188,000
Historically, the cash collection of sales has been as follows:
65 percent of sales collected in month of sale,
25 percent of sales collected in month following sale,
8 percent of sales collected in second month following sale, and
2 percent of sales is uncollectible.

Reference no: EM13499809

Questions Cloud

How can it exert enough force on a leaf of grass : If you hold a horizontal metal bar several centimeters above the ground and move it through grass, each leaf of grass bends out of the way. How can it exert enough force on a leaf of grass to shear it off

What is ron adjusted gross income for 2014 : Ron, age 19, is a full-time graduate student at City University and Resident Adviser. During 2014, he received the following payments

Explain a solution of caffeine in chloroform : Caffeine (c8h10n8o2) is a stimulant found in coffee and tea . A solution of caffeine in chloroform (CHCl3) as a solvent has a concentration of 7.60×10-2.

What is the direction of daniel velocity after the collision : Two ice skaters, Daniel (mass 63.1 kg ) and Rebecca (mass 45.9 kg ), are practicing. Daniel stops to tie his shoelace and, while at rest, is struck by Rebecca, What is the direction of Daniel's velocity after the collision

Sales budget for the last six months of 2007 : Copper Corporation has the following sales budget for the last six months of 2007

Explain the molality of in the solid solution : Brass is a substitutional alloy consisting of a solution of copper and zinc. A particular sample of red brass consisting of 80.0%Cu and 20.0% Zn by mass has a density of 8780 k/m3. a)What is the molality of in the solid solution

Determine the resistance of a household : A typical American family uses 600 kWh of electricity a month. what is the resistance of a household

Why is the audit plan and why : Why is the audit plan and why

Characteristics of effective leaders : Analyze some of the more common leadership styles and characteristics of effective leaders, utilizing the guidance below. Before starting, view the Leadership Styles and Characteristics illustration from your studies for this unit.

User Account

All Pages