A Firm Has Actual Sales in November of $1,000 and Projected

question 45

Multiple Choice

A firm has actual sales in November of $1,000 and projected sales in December and January of $3,000 and $4,000, respectively. The firm makes 10 percent of its sales for cash, collects 40 percent of its sales one month following the sale, and collects the balance two months following the sale. The firm's total cash receipts in November is ________.

• A) $1,000
• B) $100
• C) $700
• D) $400

Understand the educational requirements and options for paralegal training.

Acknowledge the implications of technology on the paralegal profession.

Comprehend the limitations and legal boundaries of paralegal work.

Recognize the growth and evolution of the paralegal profession.

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Definitions:

Bullied

The experience of being intimidated, harassed, or mistreated, typically by someone who is perceived to be more powerful.

Social Anxiety Disorder

A condition marked by intense fear of social situations, leading to avoidance and distress.

Specific Phobia

A type of anxiety disorder characterized by an intense, irrational fear of specific situations, objects, or activities.

PTSD

Post-Traumatic Stress Disorder (PTSD) is a mental health condition that's triggered by a terrifying event, either experiencing it or witnessing it, leading to symptoms such as flashbacks, nightmares, and severe anxiety.