Figure 2 Budgeted Sales for the Second Quarter of the Current Year

question 86

Multiple Choice

Figure 2
Budgeted sales for the second quarter of the current year are as follows:
The company collects 20 percent in the month of sale, 70 percent in the first month following the sale, and 10 percent in the second month following the sale.
-Refer to Figure 2 above. Total cash collected in June will be

• A) £180,000
• B) £191,000
• C) £90,000
• D) £140,000

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Definitions:

Dentin

A calcified tissue that makes up the bulk of a tooth beneath the enamel and above the pulp, providing the tooth with its primary structure and shape.

Cementum

A specialized calcified substance covering the root of a tooth.

Ingestion

The process of taking food (or other material) into the body.

Digestive Cavity

A hollow chamber within an organism where digestion of food occurs.