Question

Given estimated sales in February, March, April, May and June are Rs 90,000, Rs 96,000, Rs 54,000, Rs 87,000 and Rs 63,000. In case 50% of sales are realized in the next month and balance in the next of next month, determine cash collection from sales in April and May OPTIONS a. Rs 93,000 and Rs 75,000 b. O Rs 93,000 and Rs 70,500 C. Rs 75,000 and Rs 70,500 d. 93000 and 100000

Name: given estimated sales in february march april may and june are rs 90000 rs 96000 rs 54000 rs 87000 and rs 63000 in case 50 of sales are realized in the next month and balance in the next of 71915
Uploaded: 2023-12-26T15:48:16-08:00
Duration: 3 min 11 s
Channel: Jerelyn Nevil
Description: given estimated sales in february march april may and june are rs 90000 rs 96000 rs 54000 rs 87000 and rs 63000 in case 50 of sales are realized in the next month and balance in the next of 71915

          Given estimated sales in February, March,
April, May and June are Rs 90,000, Rs
96,000, Rs 54,000, Rs 87,000 and Rs
63,000. In case 50% of sales are realized in
the next month and balance in the next of
next month, determine cash collection from
sales in April and May
OPTIONS
a.
Rs 93,000 and Rs 75,000
b.
O
Rs 93,000 and Rs 70,500
C.
Rs 75,000 and Rs 70,500
d.
93000 and 100000

Added by Josep J.

Psychology Openstax

Rosie M. Spielman 1st Edition

Instant Answer

Solved by Expert Jerelyn Nevil

12/26/2023

Step 1

According to the problem, 50% of the sales are realized (collected) in the month following the sale, and the remaining 50% are collected in the second month following the sale. Show more…

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Given estimated sales in February, March, April, May and June are Rs 90,000, Rs 96,000, Rs 54,000, Rs 87,000 and Rs 63,000. In case 50% of sales are realized in the next month and balance in the next of next month, determine cash collection from sales in April and May OPTIONS a. Rs 93,000 and Rs 75,000 b. O Rs 93,000 and Rs 70,500 C. Rs 75,000 and Rs 70,500 d. 93000 and 100000