Here Are Some Important Figures from the Budget of Nashville

question 82

Multiple Choice

Here are some important figures from the budget of Nashville Nougats,Inc. ,for the second quarter of 2012:
The company predicts that 3 percent of its credit sales will never be collected,36 percent of its sales will be collected in the month of sale,and the remaining 61 percent will be collected in the following month.Credit purchases will be paid in the month following the purchase.
In March 2012,credit sales were $302,400,and credit purchases were $224,640.The April 1 cash balance was $403,200.What is the cash balance at the end of May?

• A) $348,887
• B) $366,846
• C) $414,141
• D) $457,777
• E) $477,374

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Definitions:

Reaction Structure

The arrangement and connectivity of atoms within the products and reactants of a chemical reaction.

Reaction Structure

A diagram or representation that shows how the atoms or molecules in a chemical reaction are rearranged to form products.

Organic Product

A compound containing carbon that is produced as a result of an organic chemical reaction.

Transformation Reagent

A chemical used to bring about a structural change in a molecule during synthesis.