Avery Manufacturing Has the Following Sales Budgets for the Fourth

question 21

Multiple Choice

Avery Manufacturing has the following sales budgets for the fourth quarter. The accounting manager has analyzed cash collections and determined that credit sales are collected 70% in the month of sale, 20% in the month following the sale, and 10% in the second month following sale.How much cash is Avery expected to collect in December?

• A)$1,154,790
• B)$1,178,080
• C)$898,990
• D)$1,205,600

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Definitions:

Ecosystem Diversity

The variety of different ecosystems within a region, contributing to the overall biodiversity and health of the environment.

Biodiversity

is the variety and variability of life on Earth, encompassing the diversity of species, ecosystems, and genetic variations.

Carbon Sink

Natural matter that absorbs more carbon than it emits.

Biocolonialism

The exploitation of biological resources and indigenous knowledge of these resources by more developed countries, without fair compensation to the indigenous peoples or countries.