Use the Information Below to Answer the Following Questions $$\begin{array} { l l } \text { January } & \$ 1,080,000 \\\text { February } & \$ 1,200,000 \\\text { March } & \$ 1,280,000\end{array}$$

question 52

Multiple Choice

Use the information below to answer the following questions.
Sales in December were $960,000. Projected sales for the first quarter of 2015 are:
$$\begin{array} { l l } \text { January } & \$ 1,080,000 \\\text { February } & \$ 1,200,000 \\\text { March } & \$ 1,280,000\end{array}$$ Sales are 20% cash and 80% on credit. Debtors pay in the month following the sale.
-Refer to the table above.What will be the balance of accounts receivable on 1 March?

• A) $1,200,000.
• B) $960,000.
• C) $1,280,000.
• D) $864,000.

---

Definitions:

Web-Based Instruction

Educational content delivered entirely over the internet, allowing users to learn at their own pace and on their own time.

Self-Directed Learning

A process in which individuals take the initiative, with or without the help of others, to diagnose their learning needs, formulate goals, identify resources for learning, and take responsibility for their own learning.

Learning Professionals

Individuals specialized in creating, executing, and assessing educational programs.

Learning Environment

A learning environment encompasses the physical or virtual spaces, contexts, and cultures in which students learn. It plays a significant role in influencing engagement, motivation, and outcomes.