Wake-Up Coffee Has Projected Next Year's Quarterly Sales at $960

question 60

Multiple Choice

Wake-Up Coffee has projected next year's quarterly sales at $960, $890, $980, and $1,050 for Quarters 1 to 4, respectively. Accounts receivable at the beginning of the year are $212 and the collection period is 18 days. What is the amount of the accounts receivable balance at the end of Quarter 2? Assume a year has 360 days.

• A) $212
• B) $207
• C) $178
• D) $184
• E) $167

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Definitions:

Primary Reinforcer

A stimulus that is naturally satisfying or rewarding, like food or water, which does not require learning to be effective.

Fixed-ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, commonly used in behavior analysis.

Variable-ratio

A reinforcement schedule in which a response is reinforced after an unpredictable number of responses, leading to high and steady response rates.

Negative Reinforcer

A stimulus whose removal immediately after a response increases the frequency of that response in the future.