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Julia's Candy Co

question 119

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Julia's Candy Co.reports the following information from its sales account and sales budget:
Julia's Candy Co.reports the following information from its sales account and sales budget:   Cash sales are normally 25% of total sales and all credit sales are expected to be collected in the month following the date of sale.The total amount of cash expected to be received from customers in September is: A) $ 30,000. B) $ 82,500. C) $112,500. D) $120,000. E) $202,500. Cash sales are normally 25% of total sales and all credit sales are expected to be collected in the month following the date of sale.The total amount of cash expected to be received from customers in September is:


Definitions:

Rent

A periodic payment made to use a property or piece of equipment owned by another party.

Unavoidable

Refers to events or outcomes that cannot be prevented or avoided.

Effective Utilization

The degree to which a resource, such as equipment or labor, is used effectively to produce goods or services.

Bottleneck

A machine or some other part of a process that limits the total output of the entire system.

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