The LaGrange Company Had the Following Budgeted Sales for the First

question 127

Multiple Choice

The LaGrange Company had the following budgeted sales for the first half of the current year: $\begin{array} { |l | r | r | } \hline & \text { Cash Sales } & \text { Credit Sales } \\\hline \text { January } & \$ 70,000 & \$ 340,000 \\\hline \text { February } & 50,000 & 190,000 \\\hline \text { March } & 40,000 & 135,000 \\\hline \text { April } & 35,000 & 120,000 \\\hline \text { May } & 45,000 & 160,000 \\\hline \text { June } & 40,000 & 140,000 \\\hline\end{array}$ The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled:

Collections on sales:
60% in month of sale
30% in month following sale
10% in second month following sale

The accounts receivable balance on January 1 of the current year was $70,000, of which $50,000 represents uncollected December sales and $20,000 represents uncollected November sales.

-What would be the total cash collected by LaGrange Company during January?

• A) $261,500.
• B) $331,500.
• C) $344,000.
• D) $274,000.

Understand the intersection of race, sexuality, and urban policy in shaping neighborhoods.

Compare the stigmatization and deviancy applied to Black and LGBT sexualities.

Comprehend the dynamics of slut discourse within college environments.

Examine the role of doctors in shaping societal attitudes toward sexuality in the Late Victorian era.

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Definitions:

Progestogens/Progestins

Hormones or synthetic compounds that mimic the action of progesterone, playing a critical role in regulating menstruation and pregnancy.

Provera

A brand name for medroxyprogesterone acetate, a synthetic form of the hormone progesterone used in birth control and hormone therapy.

Norethindrone Acetate

A synthetic form of progesterone, a female hormone used in birth control pills and to treat endometriosis, menstrual disorders, and menopausal symptoms.

Prometrium

A brand name for progesterone, a female hormone used in hormone replacement therapy and to prevent overgrowth of the lining of the uterus.