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

question 174

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 January is ________.

• A)$400
• B)$2,100
• C)$2,000
• D)$3,300

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Definitions:

Frustration

A feeling of distress and annoyance arising from being unable to achieve one's goals or fulfill one's needs.

Coping Responses

Behavioral, cognitive, and emotional ways in which individuals manage stress and adversity.

Physiological

Relating to the normal functioning of living organisms and their parts, including all physical and chemical processes.

Maladaptive

Behaviors or actions that are counterproductive to an individual's well-being or ability to meet their needs or goals.