Pardee Company Makes 30% of Its Sales for Cash and 70

question 1

Multiple Choice

Pardee Company makes 30% of its sales for cash and 70% on account.60% of the account sales are collected in the month of sale,25% in the month following sale,and 12% in the second month following sale.The remainder is uncollectible.The following information has been gathered for the current year: Total cash receipts in Month 4 will be

• A)$38,000.
• B)$47,900.
• C)$27,230.
• D)$36,230.

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Definitions:

Good Performance

Achieving or exceeding the established standards or expectations in a specific task or function.

Job Satisfaction

The level of contentment or happiness that an individual feels towards their job, influenced by various factors such as work environment, salary, and task variety.

Organizational Citizenship Behaviour

A set of discretionary workplace behaviors that go beyond the basic requirements of the job, such as helping others and being involved in voluntary activities that benefit the organization.

Withdrawal

The action of removing oneself from participation or involvement in a particular activity, situation, or group.