Finch Company Began Its Operations on March 31 of the Current

question 187

Multiple Choice

Finch Company began its operations on March 31 of the current year. Finch has the following projected costs: *Of the manufacturing costs, three-fourths is paid for in the month they are incurred; one-fourth is paid in the
following month.**Insurance expense is $1,000 a month; however, the insurance is paid four times yearly in the first month of the
quarter (i.e., January, April, July, and October) .***Property tax is paid once a year in November.​
-The cash payments expected for Finch Company in the month of April are

• A)$122,600
• B)$120,600
• C)$123,100
• D)$121,100

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Definitions:

Productive Language

The aspect of language development involving the production of words and sentences to communicate ideas and messages to others.

Barely Recognizable Syllables

Sounds that form the foundation of speech development, characterized by their minimal phonetic distinctiveness and early appearance in babbling stages.

Developing Capacity

The potential for an individual or organization to grow and improve over time in skills, knowledge, and abilities.

Use Symbols

The human capacity to represent ideas, objects, and activities by symbols such as words, gestures, or images.