Jazzy Janitors Has Found That Only 10% of Its Invoiced

question 4

Multiple Choice

Jazzy Janitors has found that only 10% of its invoiced amounts are paid in the same month that the work is completed. 60% are paid in the month after the work is completed and 30% are paid in the second month after the work is completed. During December, 2013, Jazzy Janitors' invoiced $200,000 to clients. Projected revenues for the first six months of 2014 are given below: $$\begin{array} { l r } { \text { Month } } & \text { Revenue } \\\text { January } & \$ 180,000 \\\text { February } & 215,000 \\\text { March } & 220,000 \\\text { April } & 218,000 \\\text { May } & 240,000 \\\text { June } & 255,000\end{array}$$ What are the expected cash receipts for March, 2014?

• A) $224,800
• B) $151,000
• C) $265,000
• D) $205,000

---

Definitions:

Withdrawal Symptoms

Physical or mental effects that occur after stopping or reducing intake of a substance that was used regularly.

Psychoactive Drugs

Substances that, when taken, alter the brain's function, resulting in temporary changes in perception, mood, consciousness, or behavior.

Mental Disorders

Medical conditions that involve changes in cognition, emotions, or behaviors leading to distress or difficulty in functioning.

Treat

To act or behave towards someone or something in a specified manner, often with kindness or to provide something pleasurable.