Dove Corporation Began Its Operations on September 1 of the Current

question 127

Multiple Choice

Dove Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business are $250,000, $320,000, and $410,000, respectively, for September, October, and November. The company expects to sell 25% of its merchandise for cash. Of sales on account, 70% are expected to be collected in the month of the sale and 30% in the month following the sale.​
-The cash collections in November are

• A)$317,750
• B)$389,750
• C)$490,000
• D)$410,000

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Definitions:

Pluralism

A political philosophy or system suggesting that multiple diverse groups can coexist, share power, and contribute to decision-making processes in a society.

American Politics

The set of political activities, policies, and interactions that occur within the political framework of the United States.

Organized Interests

Groups that come together with the aim of influencing public policy or government actions, including lobbying groups, advocacy groups, and trade unions.

Mobilizing Public Opinion

The process of influencing the general public to support or oppose specific ideas, policies, or actions usually through media, communication strategies, or public events.