A Company Reports the Following Information from Its Sales Account

question 145

Multiple Choice

A company reports the following information from its sales account and sales budget:
$\begin{array}{llr}\text { Sales } & \text { May } & \$ 52,000 \\& \text { June } & 47,000 \\& & \\\text { Expected } & \text { July } & \$ 45,000 \\\text { Sales: } & & \\& \text { August } & 55,000 \\& \text { September } & 60,000\end{array}$

Cash sales are normally 30% of total sales and all credit sales are expected to be collected in the month following the date of sale.The total amount of cash expected to be received from customers in September is:

• A) $58,500
• B) $56,500
• C) $60,000
• D) $80,500
• E) $55,000

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Definitions:

Single Self

The concept of a unified, singular identity or consciousness that an individual perceives themselves as over time.

Own Mind

The individual's unique thoughts, beliefs, and cognitive processes that are independent of external influences.

Other People's Minds

The concept or theory related to understanding and inferring the thoughts, feelings, and intentions of others.

Søren Kierkegaard

A Danish philosopher considered the father of existentialism, known for his critique of Hegel and exploration of individuality, faith, and ethics.