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Taylor Inc

Question 32

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 installments. 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 2013: Taylor Inc. sells and installs residential water heaters. Its customers pay for their water heaters over four months by paying in equal, monthly installments. 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 2013: Cash receipts for June are expected to be: A) $ 74,850 B) $118,050 C) $ 47,850 D) $191,400 Cash receipts for June are expected to be:


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

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