Kneeling Corporation Has the Following Sales Forecasts for the First

question 98

Multiple Choice

Kneeling Corporation has the following sales forecasts for the first three months of the current year: In the month of the sale 65% of sales are collected,and the remainder is collected in the following month.
$$\begin{array} { l r } \text { Month } & \text { Sales } \\\text { January } & \$ 36,000 \\\text { February } & 24,000 \\\text { March } & 40,000\end{array}$$ What is the cash balance at the end of January,assuming that cash is received only from customers and that $48,000 is paid out during January?
$$\begin{array} { l r } \text { Accounts receivable balance (January 1) } & \$ 22,800 \\\text { Cash balance (January 1) } & 30,000 \\\text { Minimum cash balance needed } & 20,000\end{array}$$

• A)$19,400
• B)$20,200
• C)$20,600
• D)$28,200

Learn about the neurobiological basis of taste and smell, and how they are affected by external factors such as aging and habits.

Recognize the importance of top-down processing in perception.

Understand the concept of dissociation and its implications in psychological phenomena like hypnosis.

Comprehend the principles behind sensory adaptation and its impact on perception.

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Definitions:

Influencing Others

Influencing others involves affecting the behavior, attitudes, or perceptions of others through various means, whether direct or indirect.

Personal Goals

Individual objectives or aspirations that one aims to achieve, which can be personal, professional, or educational.

Authoritarianism

A tendency to adhere rigidly to conventional values and to obey recognized authority.

Machiavellianism

A personality trait that involves manipulation and exploitation of others, a cynical disregard for morality, and a focus on self-interest and deception.