What are the total cash receipts budgeted for march

Reference no: EM132959507

Question: Josefa Falayfay finds that 40 percent of a month's sales are for cash.

Payments on accounts receivable are 65 percent in the month of sale and 35 percent in the month following sale. Budgeted sales for January are P100,000, for February P140,000, and for March P120,000. What are the total cash receipts budgeted for March?

Reference no: EM132959507

Questions Cloud

Six major categories of network applications : Discuss the impact that networks have had on business and everyday life for each of the six major categories of network applications

How inflation rates can be used to forecast exchange rates : Explain in detail the differences between transaction risk, translation risk and economic risk and Explain how inflation rates can be used to forecast exchange

Two stages of leading organizational change : Question: Rank the top two stages of leading organizational change. Explain your selections.

Benefit reductions for the upcoming calendar year : -State a communication draft for your organization that outlines a freeze on salary increases or benefit reductions for the upcoming calendar year.

What are the total cash receipts budgeted for march : Budgeted sales for January are P100,000, for February P140,000, and for March P120,000. What are the total cash receipts budgeted for March?

How would you evaluate the performance of janet : Assume you are the HR manager a US-based multinational company that manufactures automobiles. A year ago, one of the senior executives in the company, Janet, re

Evaluate skills-based competencies : Explain why it is critical for organizations to evaluate skills-based competencies in both the short-term and long-term during the Strategic Workforce Planning

Calculate the employee net pay : Calculate the employee's net pay, following the order of the steps

Describe the role of nongovernmental organizations : Describe the role of nongovernmental organizations in the oversight and regulation of payer organizations.

User Account

All Pages