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:

Counseling Theory

A framework or model that guides counselors in understanding clients' problems, making assessments, and developing interventions.

Beck

Aaron Beck is a psychiatrist known for developing Cognitive Therapy, which later became known as Cognitive Behavioral Therapy (CBT), a primary form of psychological treatment.

Rogers

Refers to Carl Rogers, an influential American psychologist who founded the person-centered approach to therapy, emphasizing empathy, and unconditional positive regard.

Working Alliance

A therapeutic concept that refers to the collaboration between a therapist and client on agreed-upon goals and tasks, as well as the bond between them.