Chapter 6 - Chapter6ResponsePadQuestions 1

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 6 Response Pad Questions 1 What is the budgeted sales revenue for January 2011? A $25,000 B $550,000 C $632,500 D none of the above 2 What are the budgeted unit sales for February 2011? A 25,000 B 28,750 C 30,100 D none of the above 3 What is the budgeted sales revenue for March 2011? A $632,500 B $710,060 C $727,386 D none of the above 1. Cash receipts in March 2011 for the 40% of customers who pay the month of the sale in order to take advantage of the sales discount are estimated to be? A $21,168 B $21,600 C $28,224 D $28,800 2 Cash receipts in March 2011 for the 30% of customers paying the month after the sale are estimated to be? A $18,000 B $19,800 C $21,168 D $21,600 3 Cash receipts in March 2011 for the 30% of customers who pay 2 months after the sale are estimated to be? A
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/31/2011 for the course ACCT 2102 taught by Professor Clark during the Spring '10 term at Georgia State.

Page1 / 3

Chapter 6 - Chapter6ResponsePadQuestions 1

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online