User Account

All Pages

What are the budgeted cash receipts from sales on account

Assignment Help Accounting Basics
Reference no: EM132610636

Cash Budget

Question 1: Daybook Inc. collects 30% of its sales on account in the month of the sale and 70% in the month following the sale. If sales on account are budgeted to be $105,000 for September and $116,000 for October, what are the budgeted cash receipts from sales on account for October?

 

Reference no: EM132610636

Questions Cloud

Design a combinational circuit : Design a combinational circuit that multiplies two 2-bit numbers, a1 a0 and b1 b0 , to produce a 4-bit product, c3 c2 c1 c0. Use and gates and half adders.
Initial velocity of the stone with the horizontal axis : Since the horizontal distance between rings A and B is 90 meters, find the angle ( ? ) and initial velocity of the stone with the horizontal axis?
Determine the distance between two adjacent antinodes : The string is now made to vibrate as a standing wave so that there are three antinodes.
Explain the parts of the program evaluation : Evidence-based practice utilizes a variety of research methods to gather evidence as to the efficacy of a program's effectiveness, or cost effectiveness.
What are the budgeted cash receipts from sales on account : Account are budgeted to be $105,000 for September and $116,000 for October, what are the budgeted cash receipts from sales on account for October?
Find the length of a pendulum whose time period : The length of a second's pendulum is 1.06m. Find the length of a pendulum whose time period is 1.2s
How do determine the direct materials purchases budget : If paper costs $0.13 per square yard, determine the direct materials purchases budget for 20Y6. If required, round your final answer to the nearest dollar.
How much external energy is required to bring a charge : How much external energy is required to bring a charge of 42.7 µC from infinity to the center of the circle?
How you can use methodologies from research in future : Discuss how you can use methodologies from research in future directions to plan for your preferred future with the future directions you selected in Question.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd