If the technology is flexible, it becomes more difficult to consolidate manufacturing in a few large facilities

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?

The members that participate in brainstorming sessions to generate new product ideas are generally the customers

Indicate whether the statement is true or false