Use the Following Information for the Next 5 Questions

question 23

Multiple Choice

Use the following information for the next 5 questions.
Kelita, Inc., projects sales for its first three months of operation as follows: Inventory on October 1 is $40,000. Subsequent beginning inventories should be 40% of that month's cost of goods sold. Goods are priced at 140% of their cost. 50% of purchases are paid for in the month of purchase; the balance is paid in the following month. It is expected that 50% of credit sales will be collected in the month following sale, 30% in the second month following the sale, and the balance the third month. A 5% discount is given if payment is received in the month following sale.
-What are the anticipated cash receipts for October?

• A) $-0-
• B) $40,000
• C) $47,500
• D) $66,500

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Definitions:

Lift For Patient

The use of devices or techniques to safely move or transfer patients in healthcare settings, especially those with mobility issues.

Fall Precautions

Measures and interventions designed to prevent falls, particularly in environments like hospitals or care homes, to ensure the safety of individuals at risk of falling.

Fall Risk

The likelihood of an individual experiencing a fall due to factors such as balance, strength, medications, or environmental hazards.

Nursing Diagnosis

A clinical judgment by a nurse about the responses of an individual, family, or community to actual or potential health problems/life processes, forming the basis for selecting nursing interventions.