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For Dubinsky Company,experience Has Shown That Payment for the Credit

question 33

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For Dubinsky Company,experience has shown that payment for the credit sales is received as follows: 10% in the month of sale,65% in the first month after sale,20% in the second month after sale,and 5% uncollectible.Dubinsky Company has budgeted the following credit sales during the last four months of the year: September,$20,000;October,$24,000;November $22,000;December,$28,000.How much cash can Dubinsky Company expect to collect in November as a result of credit sales?


Definitions:

Negative Self-Talk

A person's habit of making critical or pessimistic thoughts about themselves.

Transference

A psychological phenomenon in which an individual unconsciously redirects feelings and attitudes from a person or situation in the past to someone or something in the present.

Behavior Therapy

A form of psychotherapy that focuses on changing negative behaviors through reinforcement and conditioning techniques.

Operant Conditioning

A learning process where behaviors are influenced by consequences like rewards or punishments.

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