Super Drive Is a Computer Hard Drive Manufacturer

question 106

Multiple Choice

Super Drive is a computer hard drive manufacturer. The company's balance sheet for the fiscal year ended on November 30 appears below:

Additional information regarding Super Drive's operations appear below:
• Sales are budgeted at $520,000 for December and $500,000 for January.
• Collections are expected to be 60% in the month of sale and 40% in the month following sale. There are no bad debts.
• 80% of the disk drive components are purchased in the month prior to the month of the sale, and 20% are purchased in the month of the sale. Purchased components comprise 40% of the cost of goods sold.
• Payment for components purchased is made in the month following the purchase.
• Assume that the cost of goods sold is 80% of sales.


-The budgeted cash collections for the upcoming December should be:

• A) $208,000
• B) $520,000
• C) $402,000
• D) $462,000

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Definitions:

Gender-related Violence

Refers to violent acts that are primarily or exclusively committed against individuals based on their gender, often arising from unequal power relationships and traditional norms.

Stereotypical Gender Roles

Traditional expectations and norms assigned to genders within a society, often based on outdated or simplistic views.

Conformity

The act of adjusting one’s behavior or thinking to align with the group norms or societal standards.

Occupational Equality

Refers to the concept of ensuring equitable opportunities, conditions, and remuneration for all workers, regardless of gender, race, or other potentially discriminating factors.