Fresplanade Co

question 113

Multiple Choice

Fresplanade Co.had the following historical pattern for its credit sales:
75% collected in the month of sale
12% collected in the first month after sale
8% collected in the second month after sale
3% collected in the third month after sale
2% uncollectible
The sales on open account (credit sales) have been budgeted for the last six months of the year as shown below:
July $72,000
August $84,000
September $96,000
October $108,000
November $120,000
December $102,000
The estimated cash collections during July from July accounts receivable is:

• A)$83,160.
• B)$79,380.
• C)$87,840.
• D)$54,000.
• E)$71,640.

---

Definitions:

Expert Baby

A term not widely recognized as a key term in professional fields, potentially implying a baby with unusually advanced capabilities. NO.

Immaturity Level

A state or condition of not being fully developed or lacking the experience or emotional development expected for a certain age.

Interactional Synchrony

The coordination of micro-level behaviors and emotional states between individuals, often observed in close relationships like parent-infant.