Solved

Taylor Inc Cash Receipts for June Are Expected to Be:
A)

Question 79

Multiple Choice

Taylor Inc.sells and installs residential water heaters.Its customers pay for their water heaters over four months by paying in equal,monthly instalments.The sales price of an installed water heater is $600.Taylor sold and installed the following number of water heaters in the first six months of 2009:
 January 80 units  February 100 units  March 70 units  April 84 units  May 90 units  June 75 units \begin{array}{lc}\text { January } & 80 \text { units } \\\text { February } & 100 \text { units } \\\text { March } & 70 \text { units } \\\text { April } & 84 \text { units } \\\text { May } & 90 \text { units } \\\text { June } & 75 \text { units }\end{array}
Cash receipts for June are expected to be:


A) $ 74 850
B) $118 050
C) $ 47 850
D) $191 400

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions