If Excel Inc

question 20

Multiple Choice

If Excel Inc. has projected sales of $30,000 in January, $20,000 in February, and $20,000 in March; 80% of sales are on credit; 20% are collected in the month of sale and 80% are collected the month after, what are cash receipts in March?

• A) $20,000
• B) $16,200
• C) $21,400
• D) $10,300

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Definitions:

Constructionist Perspective

A theoretical viewpoint holding that social phenomena and categories are not natural but instead constructed through social processes, including the roles of power and social institutions.

Constructionists

Advocates of an approach or belief that concepts or identities are socially constructed rather than inherently fixed.

Positions of Power

Roles or standings within a society, organization, or group that grant individuals authority and influence over others.

Higher-Consensus Deviance

Activities or behaviors that are widely recognized and agreed upon by society as deviant or unacceptable.