Zale,Inchas Provided the Following Extracts from Their Budget for the First

question 88

Multiple Choice

Zale,Inc.has provided the following extracts from their budget for the first quarter of the forthcoming year: $$\begin{array} { | l | c | c | c | } \hline & \text { Jan } & \text { Feb } & \text { March } \\\hline \text { Sales (20\% cash) } & \$ 500,000 & \$ 750,000 & \$ 1,000,000 \\\hline\end{array}$$ The company collects 70% of credit sales in the same month and the balance in the next month.Calculate the collections from the customers for the month of February.

• A)$570,000
• B)$540,000
• C)$690,000
• D)$750,000

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Definitions:

Office Equipment

Devices or machinery used in an office environment for tasks such as printing, computing, or communication.

Industrial Services

Services provided by businesses to other businesses within the industrial sector, often including maintenance, repair, and operations.

Support Products

Goods or services purchased by a business to facilitate its operations, distinct from its core offerings to its customers.

Maintenance

The process of preserving a condition or situation or the work necessary to keep something functioning or in service.