Use the Information Below to Answer the Following Question(s)

question 86

Multiple Choice

Use the information below to answer the following question(s) .
Blaney Lumber's forecasted sales for April; May; June; and July are $200,000; $230,000; $190,000; and $240,000; respectively. Sales are 60% cash and 40% credit with all accounts receivables collected in the month following the sale. Cost of goods sold is 75% of sales and ending inventory is maintained at $60,000 plus 10% of the following month's cost of goods sold. All inventory purchases are paid 20% in the month of purchase and 80% in the following month.
-What Blaney Lumber's cash collections budgeted for June?

• A) $172,000
• B) $194,400
• C) $206,000
• D) $114,000

---

Definitions:

Rational Appeals

The use of logic, reason, and evidence to convince another person that cooperation in a task is worthwhile.

Ingratiation

A psychological technique wherein an individual attempts to become more likable to their target, often through flattery or other forms of manipulation.

Silent Authority

An influencing tactic that relies on unspoken but acknowledged power.

Information Control

A hard influencing tactic in which key information is withheld in order to manipulate outcomes.