Series I bonds offer better tax advantages than Series EE bonds

Boone Co.'s sales, based on past experience, are 20% cash and 80% credit. Credit sales are typically collected as follows: 40% in the month of sale, 50% in the month after the sale, and 10% in the second month following month of sale. On December 31, the accounts receivable balance is $54,000, of which $12,000 is from November sales. Total sales for January and February are budgeted to be $100,000 and $120,000, respectively.What are Boone Co.'s budgeted cash receipts for February?

What will be an ideal response?

A larger production volume allows for production and purchasing economies that lower the unit cost of a product, thereby producing a ________ effect

A) scale B) scope C) cluster D) network E) Mohring