Del Carpio,Inc Cash Sales Are 30% of Each Product's Monthly Sales

question 95

Essay

Del Carpio,Inc.sells two products,Widgets and Gadgets.The sales forecast in units for the first quarter of the coming year is:
$$\begin{array} { l l l } & \text { Widgens } & \text { Gadgets } \\\text { January }& 20,000 & 36,000 \\ \text { February } & 28,000 & 60,000 \\\text { March }& 36,000 & 64,000\end{array}$$

Cash sales are 30% of each product's monthly sales.The remaining sales are credit sales that are collected as follows: 70% in the month of sale,20% the next month,and 10% in the following month.Unit sale prices are $30 and $20 for Widgets and Gadgets,respectively.
Determine the company's cash receipts for March from its current and past sales.

Appreciate the importance of clear role expectations and communication within stepfamilies.

Recognize the financial and emotional impacts of remarriage on children.

Analyze the importance of flexibility and integration for the health of stepfamily relationships.

Understand the societal views on the obligations towards biological and stepparents.

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Definitions:

Legitimate Power

The authority or power that is recognized as lawful and is derived from a position of responsibility within a hierarchical organization.

Coercive Power

A form of authority that relies on the fear of negative results from failing to comply, often involving threats or punitive measures.

Network Interactions

The dynamic exchanges and communications that occur within a network of individuals or organizations.

Exchanges

Platforms or scenarios where goods, services, or ideas are traded between parties.