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:

Frustration

An emotional response arising from being impeded in achieving a goal or satisfying a need, often leading to stress or anger.

Sold Out

A situation where all available tickets or items have been sold, indicating no remaining inventory.

Least Stressful

Referring to the condition, situation, or activity that induces the lowest level of stress or discomfort.

Approach-Approach Conflict

A psychological conflict that occurs when an individual must choose between two desirable outcomes or goals.