From the Following Data,estimate the Amount of Cash to Be

question 18

Multiple Choice

From the following data,estimate the amount of cash to be collected in July.
Assuming that the collection pattern is as follows: 10 per cent of sales is collected in the same month,50 per cent is collected the following month,30 per cent is collected two months following the sale and 10 per cent is not collected at all.

• A)$27 500
• B)$33 000
• C)$45 500
• D)$33 500

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Definitions:

Negative Expectations

The belief or anticipation that outcomes will be unfavorable or harmful, which can influence behavior and perception.

Top-down Processing

A cognitive process that starts with thoughts or expectations to make sense of information, rather than beginning with the sensory input.

Peripheral Vision

The part of vision that occurs outside the very center of gaze, allowing humans to perceive stimuli not in direct line of sight.

Prosopagnosia

A brain disorder marked by an inability to identify facial features.