Protect serious video gamers from repetitive-motion injuries

Assignment Help Business Economics
Reference no: EM131203743

In the coming year, Game Monster, Inc., will be introducing its first product, a wrist brace that protects serious video gamers from repetitive-motion injuries. The brace will be sold for $14 to retailers throughout the country. All sales will be made on account. An expected 65 percent of sales will be collected within the quarter of the sale, and another 30 percent in the quarter following the sale. The remaining 5 percent of credit sales are expected to be uncollectible. The sales budget for the coming year is as follows: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted sales units 29,000 41,100 53,900 89,000 Prepare Game Monster, Inc.'s, cash receipts budget for the coming year. (Enter answers in necessary fields only. Leave other fields blank. Do not enter 0.) Sales Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Annual Budgeted units sold Budgeted sales price $ $ $ $ $ Budgeted sales revenue $ $ $ $ $ Cash Receipts Budget 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Bad Debts 1st quarter sales $ $ $ $ $ 2nd quarter sales 3rd quarter sales 4th quarter sales Totals $ $ $ $ $ Calculate accounts receivable balance at the end of the last quarter, net of allowance for doubtful accounts. Assume that no accounts have been written off during the year. Accounts Receivable balance $

Reference no: EM131203743

Questions Cloud

Write the mesh equations for the networks of given figure : Using the format approach, write the mesh equations for the networks of given figure. - Using determinants, solve for the mesh currents.
Provide song that you think best reflect three civilizations : Provide 9 songs that you think best reflect three civilizations we been learning about so far, located in Mesopotamia / Egypt / India. Each civilization should have three songs that you think best reflect something within that civilization's hist..
Calculate standard cost for batch of peanut butter cookies : Danny’s Delights is a wholesale bakery. Danny makes a variety of baked goods which he sells to restaurants and grocery stores. His best-selling item is a peanut butter cookie. The recipe calls for 1 cup of peanut butter, 1 cup of sugar and 1 egg. The..
Advertisement elasticity of demand for good : The price elasticity of good Y is -1.46. The advertisement elasticity of demand for good Y is 3.53. And these two elasticities are assumed to remain constant over the planned price and advertisiment changes.
Protect serious video gamers from repetitive-motion injuries : In the coming year, Game Monster, Inc., will be introducing its first product, a wrist brace that protects serious video gamers from repetitive-motion injuries. The brace will be sold for $14 to retailers throughout the country. All sales will be mad..
Undergoes a thermodynamic cycle : A certain fixed mass system involves R-22 and undergoes a thermodynamic cycle. The cycle involves exactly two processes: A and B. Process A starts at state 1 and ends at state 2, and is the initial process of the cycle. The following are also give..
What is the maximum power : If a resistor is connected to terminals a-b of the circuit shown in Fig. 1.31, what value should it have for maximum power transfer to it?c
Recognize how daily life within various religions : Analyze the similarities and differences in the primary beliefs held by major religious traditions and the cultures in which these religions evolved. Describe the varieties of religious experience and practice in a wide range of cultures.
Explicit formula for the endogenous variables : For each system, a) determine how many variables can he endogenous at any one time, b) determine a successful separation into exogenous and endogenous variables, and c) find an explicit formula for the endogenous variables in terms of the exogenou..

Reviews

Write a Review

Business Economics Questions & Answers

  Qfuji konica agfa and 3m from a technical viewpoint there

q.fuji konica agfa and 3m. from a technical viewpoint there was little difference in the quality of color film produced

  Q1 suppose that bargaining as envisioned by the coase

q1. suppose that bargaining as envisioned by the coase theorem can take place and that the homeowners initially hold

  What price will he sell services at

number of items dry cleaned and p is the price of each item in dollars. What price will he sell services at?

  The percent rate of return on this bond investment

On January 1, 2013 you bought a coupon bond for $1156. During the year, you received a coupon of $100. On January 1, 2014, you sold the bond for $1100. What was your total dollar return and the percent rate of return on this bond investment?

  For out back steakhouse

For out Back Steakhouse, seating capacity is limited in the short run.

  Calculate the price elasticity of demand for UAW members

The president of the United Auto Workers has noticed that whenever he negotiates a pay increase for the UAW membership, the number of jobs available for the union membership is unaffected in the first few months of the contract, but over the followin..

  Determine the price of the equipment

The price of equipment is 25,000 today. Determine the price of the equipment 3 years from now, if deflation rate is 2% in the first year and inflation rate is 1% in the second year and 4% for the third years

  Best regression model have significant multicollinearity

Does the best regression model have significant multicollinearity?

  Is the laundry practicing price discrimination

A woman complained to "Dear Abby" that a laundry charged $1.25 each to launder and press her husband's shirts, but for her shirts - the same description, only smaller - the laundry charged $3.50. When asked why, the owner said, "Women's blouses cost ..

  The fed can reduce the money supply by

The Fed can reduce the money supply by,

  What before-tax rate would the domestic bond need to pay

Suppose a foreign investor who holds tax-exempt Eurobonds paying 9% is considering investing in an equivalent-risk domestic bond in a country with a 28% withholding tax on interest paid to foreigners. If 9% after-tax is the investor's required return..

  About the population

If the population of Argentina was 26.5 million in 1960 and the average population growth rate is 0.6 percent per year, then Argentina's population would have been about ______ in 2000.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd