A firm has forecasted sales of $4,500 in April, $3,000 in May, and $5,000 in June. All sales are on credit. 30% is collected in the month of the sale, and the remainder in the following month. What will be the balance in accounts receivable at the beginning of July?
Top Course Tags
Always Do the Reading
Requires Lots of Research
This class was tough.
The course is difficult, requires a lot of reading and math. Be sure to have a scientific calculator such as the BA II Plus- helped immensely. Some level 2 discussions that require lengthy responses are required. Be prepared to spend some hours in this course. Overall, not a bad course.
This course teaches a lot about business ratios, values, and where the numbers come from that investors look at. Lots of research into popular traded companies and where they stand in the economy. Be prepared to do research, math, and be prepared for the tests - they are difficult.
Hours per week:
Advice for students:
Prepare for the tests - they are hard. Get the BA II plus business analyst calculator Patience will help. Don't get behind - just don't. If you should get the access card, don't bother with the learnsmart portion - will help grasp material, but the actual stuff on the graded material is different - your call.