BusyBody Company expects its November sales to be 20% higher than its October sales of $ 160 comma 000. Purchases were $ 90 comma 000 in October and are expected to be $ 110 comma 000 in November. All sales are on credit and are collected as follows: 25% in the month of the sale and 70% in the following month. Purchases are paid 30% in the month of purchase and 70% in the following month. The cash balance on November 1 is $ 13 comma 400. The cash balance on November 30 will be
Answers: 3
Business, 21.06.2019 19:20, williampagan9532
Which of the following statements is true? a. financial investment refers to the creation and expansion of business enterprisesb. economic investment refers to the creation and expansion of business enterprisesc. economic investment refers to the purchase of assets such as stocks, bonds, and real estated. both economic and financial investment refer to the purchase of assets such as stocks, bonds, and real estate
Answers: 2
BusyBody Company expects its November sales to be 20% higher than its October sales of $ 160 comma 0...
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