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Petal CoReported the Following Information for 2022 • All Sales Are on Credit

question 12

Multiple Choice

Petal Co.reported the following information for 2022:  Budgeted sales  October $930,000 November $870,000 December $1,080,000\text { Budgeted sales } \quad \frac { \text { October } } { \$ 930,000 } \quad \frac { \text { November } } { \$ 870,000 } \quad \frac { \text { December } } { \$ 1,080,000 }
• All sales are on credit.
• Customer amounts on account are collected 50% in the month of sale and 50% in the following month.

How much is the November 30 2022 budgeted Accounts Receivable?


Definitions:

Shaping

A method used in behavioral psychology to gradually guide someone towards a desired behavior by reinforcing successive approximations of the target behavior.

Operant Conditioning

An approach to modifying behavior strength through the implementation of positive or negative feedback.

Extinction

In psychology, the gradual weakening and eventual disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.

Reinforcement

In behavior psychology, a consequence that will strengthen an organism's future behavior whenever that behavior is preceded by a specific antecedent stimulus.

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