Use the Information Below to Answer the Following Questions

question 33

Multiple Choice

Use the information below to answer the following questions.
Sales in December were $960,000. Projected sales for the first quarter of 2015 are: Sales are 20% cash and 80% on credit. Debtors pay in the month following the sale.
-Refer to the table above. What will be the balance of debtors on 1 March?

• A) $864,000
• B) $1,200,000
• C) $1,280,000
• D) $960,000

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Definitions:

Civil Rights

The rights of citizens to political and social freedom and equality, often protected under law from discriminatory practices.

Advancement

The process of moving forward or making progress, especially in one's career or skills development.

Incorporation

The process by which the Bill of Rights is applied to state and local governments through the Fourteenth Amendment.

Strict Scrutiny

A standard of judicial review that requires the government to prove that a law which restricts a fundamental right or discriminates against a protected class is necessary to achieve a compelling state interest.