Examlex

Solved

Jazzy Janitors Has Found That Only 10% of Its Invoiced

question 21

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, 2017, Jazzy Janitors' invoiced $200,000 to clients.Projected revenues for the first six months of 2018 are given below:  Month  Revenue  January $180,000 February 215,000 March 220,000 April 218,000 May 240,000 June 255,000\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 2018?


Definitions:

Accuracy

The degree to which the result of a measurement, calculation, or specification conforms to the correct value or standard.

Mainstreaming

The practice of integrating children with special educational needs into regular educational settings, promoting inclusivity and equal opportunities.

Exceptional Children

Children who deviate from the norm significantly enough to require special education or unique care, including those with disabilities and exceptional talents.

Full Inclusion

Educational practice where students with disabilities or special education needs are integrated into mainstream classes without segregation.

Related Questions