The Company Is in the Process of Preparing a Cash

question 63

Multiple Choice

$\begin{array}{lcc}&\text { Cash Sales} &\text { Credit Sales}\\ \text { January } & £ 80,000 & £ 350,000 \\ \text { February } & 60,000 & 200,000 \\ \text { March } & 50,000 & 145,000 \\ \text {April}& 45,000 & 130,000 \\ \text { May}& 55,000 & 170,000 \\ \text { June}& 50,000 & 150,000 \\\end{array}$ The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled:Collections on credit sales:
$60 \%$ in month of sale
$30 \%$ in month following sale
$10 \%$ in second month following sale
- What is the budgeted accounts receivable balance on May 30

• A)£81,000.
• B)£68,000.
• C)£60,000.
• D)£141,000.

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Definitions:

Radiation Absorbed Dose

A measure of the amount of radiation energy absorbed by an object or person, expressed in Grays (Gy).

Rad

An abbreviation for "radical," often used in chemistry to describe highly reactive molecules with unpaired electrons; colloquially, used to express that something is excellent or cool.

Contrast Medium

A substance used in medical imaging to improve the contrast of structures or fluids within the body, enhancing the visibility of blood vessels, gastrointestinal tract, and other areas during radiographic procedures.

Bronchogram

A radiographic image of the bronchi, usually obtained after the airways have been filled with a contrast medium, for diagnostic purposes.