Finding the best solution to a business problem or opportunity describes the attention to details characteristic that a systems analyst should exhibit during the requirements determination phase

In a typical sales process that does not use SAP, the sales department evaluates the risk of selling to a new customer

Indicate whether the statement is true or false

Based on the information in Table 3, what are Thompson's projected total receipts (collections) for March?

Thompson Manufacturing Supplies' projected sales for the first six months of 2014 are given below. Jan. $250,000 April $400,000 Feb. $300,000 May $450,000 March $400,000 June $400,000 40% of sales is collected in the month of the sale, 50% is collected in the month following the sale, and 10% is written off as uncollectible. Cost of goods sold is 70% of sales. Purchases are made the month prior to the sale and are paid during the month the purchases are made (i.e. goods sold in March are bought and paid for in February). Total other cash expenses are $50,000/month. The company's cash balance as of February 1, 2014 will be $40,000. Excess cash will be used to retire short-term borrowing (if any). Thompson has no short-term borrowing as of February 28, 2014. Assume that the interest rate on short-term borrowing is 1% per month. The company must have a minimum cash balance of $25,000 at the beginning of each month. Round all answers to the nearest $100. A) $400,000 B) $310,000 C) ($20,000) D) $320,000