Singal Inc

question 90

Multiple Choice

Singal Inc.is preparing its cash budget.It expects to have sales of $30,000 in January,$35,000 in February,and $22,500 in March.If 20% of sales are for cash,40% are credit sales paid in the month after the sale,and another 40% are credit sales paid 2 months after the sale,what are the expected cash receipts for March?

• A) $31,415
• B) $33,855
• C) $30,500
• D) $26,840
• E) $22,875

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Definitions:

HR Metrics

Quantifiable measures used to gauge HR performance and effectiveness in an organization.

Attitudes

Mental states or positions regarding an idea, object, or person, often influenced by an individual's feelings, beliefs, and behavioral tendencies.

Organizational Context

The combination of internal and external factors, including culture, structure, and the external environment, that influence how an organization operates.

HRM Practices

The various strategies, policies, and practices implemented by an organization to effectively manage its human resources.