Frankie's Chocolate Co

question 139

Multiple Choice

Frankie's Chocolate Co. reports the following information from its 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) $78,000.
• C) $108,000.
• D) $120,000.
• E) $130,500.

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Definitions:

Independent Variable

A variable that an experimenter manipulates.

Control Variable

A variable that is kept constant during a scientific experiment to ensure that any changes in the outcome can be attributed to the variables being tested.

Confounding Variable

A variable that influences both the dependent variable and independent variable, causing a spurious association.

Dependent Variable

The variable in an experiment that is expected to change as a result of manipulations of the independent variable.