Answer the Following Questions Using the Information Below:
Footscray Company

question 55

Multiple Choice

Answer the following questions using the information below:
Footscray Company has the following sales budget for the last six months of 2018:
$$\begin{array} { l r l r } \text { July } & \$ 100000 & \text { October } & \$ 90000 \\\text { August } & 80000 & \text { November } & 100000 \\\text { September } & 110000 & \text { December } & 94000\end{array}$$ Historically,the cash collection of sales has been as follows:
65% of sales collected in the month of sale
25% of sales collected in the month following the sale
8% of sales collected in the second month following the sale
2% of sales are uncollectible
-Cash collections for September are:

• A)$102 000.
• B)$86 700.
• C)$99 500.
• D)$71 500.

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Definitions:

Relative Seclusion

Relative seclusion refers to a state or situation where an individual or group is partially isolated or set apart from others, which can be voluntary or enforced.

Compulsion

An irresistible urge to behave in a certain way, especially against one's conscious wishes.

Obsession

A persistent, intrusive, and unwanted thought or urge that causes significant anxiety or distress.

Repeatedly Checking

Compulsive behaviors characterized by the need to check things over and over, often associated with obsessive-compulsive disorder (OCD).