Assume the Following Facts About a Firm If Sales Are Evenly Distributed Throughout the Year, What Is

question 88

Multiple Choice

Assume the following facts about a firm: $\begin{array}{ll}\text { Projected selling price per urit } & \$ 3.70 / \text { unit } \\\text { Projected monthly urit sales } & 300,000 \text { urits } \\\text { Typical receivables balance } & 1.5 \text { months of sales }\end{array}$ If sales are evenly distributed throughout the year, what is the next year's projected ending accounts receivable balance?

• A) $1,665,000
• B) $138,750
• C) $1,110,000
• D) none of the above

---

Definitions:

Marketing Channel

Routes or pathways through which goods and services flow from producers to consumers, often involving intermediaries such as wholesalers and retailers.

Assorting

The process of clustering or grouping various types of products together to meet consumer needs or preferences in retail.

Logistical Function

Tasks associated with procuring, manufacturing, and disseminating goods and products in correct volumes to a target user or end point.

Assorting

The process of selecting and grouping complementary products or items to offer for sale, aimed at maximizing sales and customer convenience.