Use the Information Below to Answer the Following Questions $$\begin{array} { l l } \text { January } & \$ 1,080,000 \\\text { February } & \$ 1,300,000 \\\text { March } & \$ 1,280,000\end{array}$$

question 34

Multiple Choice

Use the information below to answer the following questions.
Sales in December were $960,000. Projected sales for the first quarter of 2018 are: $$\begin{array} { l l } \text { January } & \$ 1,080,000 \\\text { February } & \$ 1,300,000 \\\text { March } & \$ 1,280,000\end{array}$$ Sales are 20% cash and 80% on credit. Debtors pay in the month following the sale.
-Refer to the table above. Calculate the cash collected from accounts receivable in the month of February.

• A)$1,080,000.
• B)$1,200,000.
• C)$960,000.
• D)$864,000.

Identify the effective main idea in persuasive messages.

Recognize different types of messages and their purposes, particularly persuasive messages.

Comprehend the use of indirect and direct approaches in persuasive messaging.

Know the organization of information in persuasive messages for different audiences.

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Definitions:

Acquisition

The process by which one company takes over another company, either by purchasing it or merging with it.

Amortization

The process of gradually writing off the initial cost of an asset over a period.

Consolidated Balance Sheet

A financial statement that combines the assets, liabilities, and equity of a parent company and its subsidiaries, presenting them as a single entity.

Book Value

The net value of an asset according to its balance sheet account balance, taking into account depreciation or amortization.