Zhang Industries Sells a Product for $700

question 124

Multiple Choice

Zhang Industries sells a product for $700.Unit sales for May were 400 and each month's sales are expected to grow by 3%.Zhang pays a sales manager a monthly salary of $3,000 and a commission of 2% of sales in dollars.Assume 30% of Zhang's sales are for cash.The remaining 70% are credit sales; these customers pay in the month following the sale.Compute the budgeted cash receipts for June.

• A)$282,520.
• B)$196,000.
• C)$201,880.
• D)$280,000.
• E)$285,880.

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Definitions:

Depolarization

Decrease in electrical charge across a membrane, usually due to the inward flow of sodium ions.

Hyperpolarization

Increase in electrical charge across a membrane, usually due to the inward flow of chloride or sodium ions or the outward flow of potassium ions.

Calcium Channels

Calcium channels are protein-based channels present in the cell membrane that facilitate the entry of calcium ions into cells, playing crucial roles in various physiological processes.

Otoacoustic Emissions

Spontaneous or evoked sound waves produced within the ear by the cochlea that escape from the ear.